ALL crypto is bad. It is a hoax from A to Z. It is the direct consequence of the mega printing since 2009, which lead to malinvestments in epic proportions, on top of them crapto.
Daily->
Weekly->
But don’t worry. The 3 year cycle projection is only -3000. That’s 3000 below zero. Not as bad as the conventional measure.
Wall Street rates it a hold.
Meanwhile, back at the intraday stock market, other than yesterday’s rigor mortis rally, when the market stiffened into an upright sitting position, and then slumped back, nothing is happening. If the ES, 24 hour S&P futures break 3795, then we can talk. Barring that, nope.
Meanwhile, the Fed’s rubber stamp never catches up with the market. It just keeps getting tighter while the Fed stays on autopilot with QT. That’s the real source of the tightening, regardless of the Fed and Wall Street, and their media handmaidens, pretending otherwise.
Meanwhile, here’s an update on the true Hindenburg Omen chart. The TLT – 20 year Treasury Bond ETF, that I first drew and posted here about a year ago.
Finally, here’s what yesterday’s big move in gold accomplished.
Nothing.
Click the links below for moron the markets.
- Gold Slot Racing Leading Nowhere November 8, 2022
- Swing Trade Screen Picks –100% Buys – Yikes! November 7, 2022
- What To Do About an Anxiety Ridden, Conflicted Market November 7, 2022
- Bad News for the Markets – Not Just Withholding Boomed in October November 3, 2022
- Surge in Withholding Tax Collections in October Indicates Faster Jobs Growth November 2, 2022
- Signs of an Intermediate Bottom in Gold Falter November 2, 2022
- Bear Market Isn’t the Mirror of a Bull October 31, 2022
- We Can Now Project When Fed Will Pause, But Not Reverse October 13, 2022
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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