Which means this is IMHO nowhere near done collapsing or reached it's bottom, in fact we are looking at possibly a 1500+ point DOW crash around the corner.. Markets never normally do this, it's unheard of. It is the biggest suckers rally.. If they don't hammer this VIX down hard in the next few trading sessions this thing is going to turtle!
Use the coming suckers rally next week, once it's exhausted itself is a great time to go short bigly with way OTM 1 Month Puts.
Wait for the usual Suckers Rip Rally to exhaust itself for 3-4 days and then buy heavy OTM 1 Month Puts. Clean up, This thing is about to Turtle.
Watch out for SUCKERS RALLIES. This market is being dumped to the 'greater fool' while Central Banks are moving quickly to tighten. 1 Month Wedge Pattern along with Elliott wave fulfillment are preceding a great crash - which will most certainly precede a financial collapse around the corner. Expect trend line breaks to the top on the 1 day with many potential...
Bo Polny although missing many predictions has it : www.youtube.com The one month wedge has finished and a long drop period will commence.. By this metric we have a very short window before very large drops will announce themselves to the market..
All corrections of this magnitude require a double bottom, this one will be no exception. If the Fed's are not supporting this it's going WAY down..
Higher. Scotty Moire Powa! World Markets spooked by Trump Tariffs flow money into US dollar (and US market)..
International Market investors know the strongest survivor of a Trump Trade war will be the United States itself. Only if the entire world community united in perfect contractual agreement against the United States would they have a chance. Countries will devalue their currencies to offset tariffs, and international investors will flow to the US dollar giving it...
Contrary to media reports international money flows will flee export economies for safe haven of US dollar and US markets... This is becoming apparent in the following chart which is showing levitation at top of trend. The current pull back only gives a path for a long term large parabolic rise to form over the summer.. China dumping tbills will do :nothing:...
When will this down vector come to fruition - they do most times..
Do not short this, close them out, short squeeze WILL come shortly backed by EU backing..
It goes down from here. Maybe a daily doji candle first.. I was corrected and surprised that it was able to make it this high on no volume, as it broke to the upside on almost no volume whatsoever.. Potentially fresh capital is flowing in from the repealing of the Glass-Steagull Act that prevented banks from investing. and/or ludicruous speed buybacks by the DOW 100..
Volume is junk, bulls are trapped but MM is trying to blowtorch off the shorts before this gets dropped. Just as predicted they ran this up now expecting a big healthy drop sometime this week. News will make up some bogus story why... and it will all have NO reason why it dropped.
Expecting a ramp rally shortly to shake off shorts and suck in bulls before this gets dumped..
Concensus : Market will not take this higher, MM will not let it drop (puts and shorts are waiting) This is a good time to sit on the sidelines until somebody somewhere makes a decision what way to take this..
Expecting MM to race market higher before dropping this hard. They are vapor-locked trapped in a liquidity trap and nobody is buying, so they will race it higher to drag in last dumb bulls before they hammer this down. On the ramp short the snot out of this, it's going down. Expecting suckers rally tomorrow.