Last week we called for the Dow to rally towards 32600ish for a wave two rally to complete.
We also did mention that the bounce would expire itself and what an expiry!
The coming week has two options, a slight bounce early on low volume and breath or a vertical plunge by the end of the week.
We are in the denial phase still, bulls clinging to hope that the Fed will not let this market crash.
But the Fed clearly showed it's intentions on Tuesday..they absolutely wish a collapse.
A reckless Powell who juiced trillions of free money and ZERO rates for far too long, then denies high inflation as transitory. Now the US is in recession and rates are being monkey hammered upwards to inflict maximum household pain. High inflation could turn hyper and this serves to dilute the gigantic debt burden.
It's very obvious that the world economy is teetering and heading for an iceberg straight ahead.
Country after country is facing crippling energy price hikes in the name of saving the planet, their green push for their utopia of zero carbon emissions....madness.
The technicals do not lie, we are in a multiple degree wave three down of high degree...this will be brutal the next week or so. Major insolvency will strike like 2008 and probably worse, you must get your affairs in order and never keep more than minimum cash in these wretched banks.
Even traders must be vigil for their trading accounts, contagion is guaranteed.
The system will go down, how else can they bring in their digital passport to live in the future...hooked up to the mainframe in a meta world so dystopian, it's a nightmare solution that the masses will clap and cheer.
Most don't believe that this world is controlled and theatre, made to look believable, keeping you safe...but the rot is across all who sold their souls to profit from the cover ups and shocking lies which are coming out.
Politicians, media and social networks have all been complicit in this historic crime, the truth is coming out and that is why the market will collapse. This Cabal hold the trump cards and play them to suit...their next card is about to be played.
This coming Saturday the 24th is an interesting date...rumours of some event are circulating.
So continue to hold short, a mother lode is almost here. Perhaps a small bounce early in the week, a stampede to the exits beckons.
Appreciate a thumbs up...Good Trading & God Bless!
We also did mention that the bounce would expire itself and what an expiry!
The coming week has two options, a slight bounce early on low volume and breath or a vertical plunge by the end of the week.
We are in the denial phase still, bulls clinging to hope that the Fed will not let this market crash.
But the Fed clearly showed it's intentions on Tuesday..they absolutely wish a collapse.
A reckless Powell who juiced trillions of free money and ZERO rates for far too long, then denies high inflation as transitory. Now the US is in recession and rates are being monkey hammered upwards to inflict maximum household pain. High inflation could turn hyper and this serves to dilute the gigantic debt burden.
It's very obvious that the world economy is teetering and heading for an iceberg straight ahead.
Country after country is facing crippling energy price hikes in the name of saving the planet, their green push for their utopia of zero carbon emissions....madness.
The technicals do not lie, we are in a multiple degree wave three down of high degree...this will be brutal the next week or so. Major insolvency will strike like 2008 and probably worse, you must get your affairs in order and never keep more than minimum cash in these wretched banks.
Even traders must be vigil for their trading accounts, contagion is guaranteed.
The system will go down, how else can they bring in their digital passport to live in the future...hooked up to the mainframe in a meta world so dystopian, it's a nightmare solution that the masses will clap and cheer.
Most don't believe that this world is controlled and theatre, made to look believable, keeping you safe...but the rot is across all who sold their souls to profit from the cover ups and shocking lies which are coming out.
Politicians, media and social networks have all been complicit in this historic crime, the truth is coming out and that is why the market will collapse. This Cabal hold the trump cards and play them to suit...their next card is about to be played.
This coming Saturday the 24th is an interesting date...rumours of some event are circulating.
So continue to hold short, a mother lode is almost here. Perhaps a small bounce early in the week, a stampede to the exits beckons.
Appreciate a thumbs up...Good Trading & God Bless!