The Dow ended markedly weaker from the previous week. Volume was around or above average throughout.
The 30th November produced a fake Fed rally which brought out a few mockers on our long stance.
It's expected that even when we warned of such rallies and the bear wanting everyone to lose, just as we get to the brink, it changes.
As we have repeatedly stated, they will make everyone lose and look believable. The Fed has a plan and this time it's different. A manufactured labour shortage and ever higher prices will fuel this inflation monster into 2023....supply must increase to reduce inflation.
Most countries have labour or skill shortages not because their economies are booming, because folks are unwell or have passed suddenly.
This a stealth agenda not just by the Fed but the U.N and the WEF....all working together to reduce food, energy, travel and populace by any means. They wish a green planet for themselves and our lives consigned to a limited existence of control and total surveillance....a sustainable social credit system nightmare brought in under the man made "climate change" BS narrative.
Markets are run by the Fed, every rate meeting and Powell word is analysed with a comb to hope for a gleam of pivot. The 30th November was that gleam of hope, no follow through and now a turn down proper has commenced. Bulls are beginning to realise their dream is a mirage...just like the Wizard Of Oz behind the curtains...exposure is coming.
Friday's action was also an engulfing candle which is bearish, we could well be on the cusp of a wave 3 down starting Monday or finishing this wave down to be followed by a small counter rally for a day or two...stocks very likely topped early December.
Gold and silver continue their rallies, demand is very high...physical demand is even higher than 2021. God's money is your ultimate hedge against this coming tsunami...an event that takes all investors by surprise except those protected with PM's. A wild ride is expected, fasten your belts and sit tight.
For those who see through this veneer of deceptions, well done...for those sitting on the fence, it's not too late to get aware or wake up to the real world. The rest are perhaps living in their perception of reality or cocoon comforts..not realising the gravity of situations developing..their choice.
The Santa rally has been and gone, the Grinch is here.
Appreciate a thumbs up, hold the line & God Bless!
The 30th November produced a fake Fed rally which brought out a few mockers on our long stance.
It's expected that even when we warned of such rallies and the bear wanting everyone to lose, just as we get to the brink, it changes.
As we have repeatedly stated, they will make everyone lose and look believable. The Fed has a plan and this time it's different. A manufactured labour shortage and ever higher prices will fuel this inflation monster into 2023....supply must increase to reduce inflation.
Most countries have labour or skill shortages not because their economies are booming, because folks are unwell or have passed suddenly.
This a stealth agenda not just by the Fed but the U.N and the WEF....all working together to reduce food, energy, travel and populace by any means. They wish a green planet for themselves and our lives consigned to a limited existence of control and total surveillance....a sustainable social credit system nightmare brought in under the man made "climate change" BS narrative.
Markets are run by the Fed, every rate meeting and Powell word is analysed with a comb to hope for a gleam of pivot. The 30th November was that gleam of hope, no follow through and now a turn down proper has commenced. Bulls are beginning to realise their dream is a mirage...just like the Wizard Of Oz behind the curtains...exposure is coming.
Friday's action was also an engulfing candle which is bearish, we could well be on the cusp of a wave 3 down starting Monday or finishing this wave down to be followed by a small counter rally for a day or two...stocks very likely topped early December.
Gold and silver continue their rallies, demand is very high...physical demand is even higher than 2021. God's money is your ultimate hedge against this coming tsunami...an event that takes all investors by surprise except those protected with PM's. A wild ride is expected, fasten your belts and sit tight.
For those who see through this veneer of deceptions, well done...for those sitting on the fence, it's not too late to get aware or wake up to the real world. The rest are perhaps living in their perception of reality or cocoon comforts..not realising the gravity of situations developing..their choice.
The Santa rally has been and gone, the Grinch is here.
Appreciate a thumbs up, hold the line & God Bless!
Comment:
Probable temporary bottom, a minor Santa bounce this week.
Wave 3 down is coming in the New Year for sure.
Wave 3 down is coming in the New Year for sure.
Another fake out move to shake out the shorts and run stops.
A true pump and dump classic that is indicative of a major top...let's see.