Bearish And Precarious Edge
Fridays action continued the bearish slide.
Note the fake out move which did not close above the line.
This failure caused an immediate reaction to sell the rally.
Lower highs and lows point south until invalidated.
This setup is classic in that your objectives to exit are clear...the trend is your friend.
Market closed on it's low with rising volume....this is bearish for Monday.
Wave 3 down is upon us.
The FED is the wizard behind the curtains, pretentious action to convince the crowd.
Once the curtains are peeled back, it will be too late for many.
We are literally standing on the edge of the abyss.
They are engineering a collapse and the frogs won't jump.
Cloaking and covers to fulfil their immunity of blame.
This is a RESET and it's orchestrated by control freaks.
You can bet THEY will create the perfect storm to force their agenda through.
Continue holding short...the mother lode is waiting.
Note the fake out move which did not close above the line.
This failure caused an immediate reaction to sell the rally.
Lower highs and lows point south until invalidated.
This setup is classic in that your objectives to exit are clear...the trend is your friend.
Market closed on it's low with rising volume....this is bearish for Monday.
Wave 3 down is upon us.
The FED is the wizard behind the curtains, pretentious action to convince the crowd.
Once the curtains are peeled back, it will be too late for many.
We are literally standing on the edge of the abyss.
They are engineering a collapse and the frogs won't jump.
Cloaking and covers to fulfil their immunity of blame.
This is a RESET and it's orchestrated by control freaks.
You can bet THEY will create the perfect storm to force their agenda through.
Continue holding short...the mother lode is waiting.
Comment:
Closed out position.