,, till JP restarts being a factor (15th march?), the way this market is consolidating, It seems to bet on something significant happening before market opens on 7th ! (I hope it's ceasefire ,,, and so a big jump in markets) ,, till JP restarts being a factor (15th march?), the way this market is consolidating, It seems to bet on something significant happening before market opens on 7th ! (I hope it's ceasefire ,,, and so a big jump in markets)
I have little faith in these Doom and Gloom writers ! After believing in 'imminent ice age anytime now' in mid 1960s,,, to,, 'oceans will raise 5 feet by 2020' of mid 1990s ! If looks very convincing today, but in 2-3 years, we will find another Armageddon to chase after
If Putins army starts it's advance tonight, be ready to see the true horror of how an army sanitizes the land before advancing ! I hope sense will prevail and the 'bottle warriors' are evacuated away ! Even trained soldiers will find it hard to find cover ! The chart indicators are bullish but depends on war images tomorrow
The line was drawn at 2100 on 15 Feb when a massive year long wedge was broken upwards ! Gold is on schedule to hit it in another 2 months time,,, with luck ;)
BTC is doing good ! It did not follow S&P down today,, and It's still looking little bullish ;) This cripple might learn to stand on it's own feet yet,, but baby steps baby steps
,, and to explain "logic" from my point of view,,, on 25th Feb afternoon, after retail had push candle green, every podcasters said 'Bottom is in" ! Not to be left out, Institutions jumped in markets before it closed and push green even higher (4380) ! You will find my comments on this in chat history ! Now, over the weekend all hell broke lose and 28th futures opened deep in red (4251) so the institutions are trapped into losing positions ! So, regardless on news, after retail had pushed the candle little higher, institutions took over early, and pushed red candle back and up to 4380 to cover their losses and spring out of their trapped positions ! This made tweezers pattern and this was a big hint of what had happened,,, this too i commented on after market close ! So now today, market was allowed to find it's level by the institutions (which was down)
,, I respect your views David, but just out of curiosity, why are you spending time in a web site that is showing mainly Charts,, when you have so little faith in what charts may be trying to tell you? Inference based on probabilities IS science, it's even the foundation of most trusted "quantum theory" of science ! Also, charts pattern show market sentiment and most patterns have been tested in field to determine probable outcomes ! However, not to annoy you in future, I will be blocking my messages from reaching you later today ! Peace man ,, I respect your views David, but just out of curiosity, why are you spending time in a web site that is showing mainly Charts,, when you have so little faith in what charts may be trying to tell you? Inference based on probabilities IS science, it's even the foundation of most trusted "quantum theory" of science ! Also, charts pattern show market sentiment and most patterns have been tested in field to determine probable outcomes ! However, not to annoy you in future, I will be blocking my messages from reaching you later today ! Peace man
Oh Well,,, yesterday's candles did close in tweezers top pattern so today's red candle shouldn't be a surprise ! Maybe the institutions do not think JP will ease off a little from tightening
,, I was thinking of price gouging due to supply disruptions ! 3 months cash at start may actually last just month or two ! Point was, not to be caught cashless even if bank holiday probability appears to be very very low ,, I was thinking of price gouging due to supply disruptions ! 3 months cash at start may actually last just month or two ! Point was, not to be caught cashless even if bank holiday probability appears to be very very low
,,Sentiment, that is the main factor moving the market ! Nothing else comes even close ,,Sentiment, that is the main factor moving the market ! Nothing else comes even close
In 2008, 99,99% of the people did not know, how close we were to, waking up in the morning and discovering, mass bank closures with nothing but credit cards in our wallet ! This time, it may be worse, since unlike last time, we are in a financial war with known adversary ! Point is, it does no harm in keeping CASH to take care of 3-4 months of household expenditure
France and Italy have banks with large exposure to Russian debt ! This explains why they were reluctant to sanction ! ECB may be working overtime to avoid liquidity crisis here
Russia's Central bank say they will 'resume' buying Gold in domestic market ! JPM jumped between bulls immediately ! CADS, i wish we could block them out from dealing in gold for the amount they rob from honest investors !
Ya, crypto exchanges may be asked to block Russians ! VPN to exchange in UAE or Saudi may work around which have lax currency controls ! One point, Overnight REPO rates may give advance hints of dollar shortage overseas, due to shutting off such a big currency pipe suddenly ! Currency/treasury deals may be active but it may effect stocks too