I drew this from the center inflection point to our peak (1975 to 2020) and notice the end result (major tops line up with market peaks)
I would like some feedback on this. I know this isnt really "right" for drawing this circle?
always drops, and markets always pump as a result. Note this is used during RE (key) elections. During the other cycles, it is evident that DXY does quite the opposite (gets pumped) and thus making the markets dump. This results in the "other side" using the economy as a bargaining tool for their elections. (Or rather 1 party who seems to be controlling all of this!)
Trendlines just work like this... Dont overthink. Look at past trends to see... SPX back to 2950 by march. I wouldnt short until some confirmation. We could go beyond the current fib level (straight up) and get a HARSH squeeze*...
Everything is on the chart. We will go to the white fib line in the pitchfork (1 FIB) at the very least. WHY?
Fed is injecting a record ~430B$ into this "NOT QE" repo market in January. I expect the first two weeks (at LEAST, maybe all of JAN) of January to rocket up as a final push and then a breakdown. Unless the Fed continues to inject more and more cash into...
I believe we are about to go down after this repo ends... Or really just because TA says it is likely in the chart ;)
Who knows! I just know this turkey is fat, and bears need food before hiding away for the winter! Red December makes a merry Christmas!
-Good luck - dont do this. Its probably wrong!
I am bullish on ZGold and Zbitcorn!
Work in progress... I know its an eye chart, stare at it for a bit... Notice dates and patterns.
Many have shared similar charts... We are in the same pattern we were in in the 20s.. I think its best if the FED controls the situation and lets us have a depression NOW vs having an even worse one with time. We pumped the 2002 bubble, pumped the 2009 bubble and if...
This is simply beautiful! You can support this with many patterns too.. (3 drive/triangles)
CONFLUENCE - CONFLUENCE EVERYWHERE!
This is for those saying "how could McAfee make such stupid predictions" - Study the chart folks... He has probably been looking at the pitchfork analysis and volume alone. Again many ways to draw this better than what i did here. I can...