weekly analysis shows how UC moves in predetermined waves with SHOCK events punctuating extreme highs and lows.... from a technical point of view the all time lows which was punctuated by the earthquake tsunami and the meltdown of several nuclear plants in Fukushima Japan which resulted in a TONS of plutonium (end of the civilization event) should have sent the UCAD and the world into free fall. a devastating C leg .. UCAD goes to zero. GAME OVER. more later
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we r at a 50% retrace on the UC chart between the 911 high and fukushima lows that is very very interesting place to from both a trade perspective and a world history perspective. which direction will mankind choose? up to utopia and a world of peace and hope or down in the apocalyptic end of the world as we know it?
i am not optimistic but i have charted the wave up from thae all time lows as a wave 1 meaning we r in a little slum which will be followed by a massive wave 3 and a utopian dream world. :)
i dont even want to contemplate the spike down scenario :(