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Daily: https://schrts.co/RGmsPxVF
Weekly: https://schrts.co/YYbmxfjD
Here are the correct links
https://stockcharts.com/h-sc/ui The bearish case scenario would be a close on the weekly below 380 spy around 376. Now if that happens we are going to accelerate to the downside. Lets see what happens today, this could set the stage for the rest of the week.
Global CTA Update: S&P to BUY
*Over 1 week:
Flat tape: - SShn to sell (+$22.3bn to BUY in S&P)
- Up tape: +$30.4bn to buy
- Down tape: -$38.3hn to sell
Not sure what the exact trigger is, but somewhere over 400 spy will trigger a short covering and machines are set to buy 22 billion this week just on flat tape and 30 billion on a break and close above 400.
The question is not whether we should get short, the question is when will the short squeeze happen, whooohoo, and when it does happen, you better not be in puts.
Everyone opened puts on Friday. Either midday or at the highs at close. Love to see this gap and rip to 410 today!
If we get just above 4000 the machines go into buy mode….that will cause a massive short squeeze…possible we hit 4200-4300 just from that.
https:// youtu.be/A2G3MAxdZfU Just join the link. Not sure why I cant post a YouTube video. Absurd.
Here is a good video that highlights some of these issues, worth a watch.
Face ripper Monday
We pump!
Well it depends on your view of what the current situation of the market crisis is. If we are in a bear market, it can’t drop until rates are cut.
The market can’t drop until they cut rates…any down move is a bear trap and a chance to long. Everything the feds could say has been said. It’s what hasn’t been said that will crash the markets.
Elite, market makers, institutions, all speak a language called “FED”. They understand clearly when Powell talks, its everyone else who thinks that they are smarter. When the feds where asked the question by the reporter, (seriously you cant make this shit up), it was for all the numb wits. So what was her question, “Mr fed, are there any possibility of there being any rate cuts coming?” Wow, you guys think she came up with that question all on her own? Powell replies, “Nope there are no foreseeable rate cuts in all of 2023”. By this comment he signalled to the institutions that they are free to rally because their days are numbered, where as everyone took that as being bearish news and is going all in short, lol. What FEDs were really saying is, “you guys don’t understand the magnitude of the problem before us!” The feds are telling us that their is no possibility of us cutting rates or even pausing at this time and if needed they will continue to hike. Basically, the elite, market makers, institutions all understood that the feds were basically lying, and that he just gave them a head start. So what comes next, well nobody can guess that because it will happen in the middle of the night after everyone is locked in, the belief being that the feds will save them, and in the middle of the night they will do the unthinkable and cut rates. The market will drop after that for the next 2 years with no bottom insight. No one can conceive that but it’s what the data says. Everyone inside the feds knows that, they are just playing the part. Also if you are convinced that your bank is safe wrong again, their plan is to bring the banks down to the magnificent 5. They will introduce a CBDC and everyone us will be screwed after that.
At this point in time, I've tried stocks, options, bitcoin and whatever else exists out there and all without any success. The only thing that seems to work is buying physical gold and silver, which I plan to continue to buy. Maybe at some point if markets correct significantly I might try throwing some money into a miner stock but for now I'm just sticking to the physical stuff. It's hard to do because you pay a premium for physical gold and silver for each ounce but I realize it's much better then banks and stocks that have no real intrinsic value, or at least a true measure of value. ex. TSLA. An ounce of silver/gold is worth what it is no matter what and when. Bictoin was pennies and went to 20k then went back to 3k and now 50k... to me even that has no true measure of value except that if you bought low you could have made a profit. An ounce of gold could be 500 or 5000 but it's value doesn't change. If an ounce of gold bought 1 horse 2ooo years ago, it will still buy a horse today, it has had value for thousands of years and has stood the test of time and it never changes. I just feel that not to many people understand that, which gives power to these bankers and crooks to do as they please.
Often James 5:1-6 is misunderstood, but in light of this photo of the decline of the Antoninianus it is easy to grasp what was happening in those days. I'm sure you already knew this, but it is a good example of history repeating itself over and over again, as it is clear that there is nothing new under the sun.
https://biblia.com/bible/niv/james/5/1-6
https://gyazo.com/da420fc8b87f9a32224aaf089c00ca1d
Thanks trunkmonk, that is what I was kind of seeing, just that I don't have the right info. I guess this is something that happens sometime later down the road, I'm seeing a similar weakness in the markets and its funny that the talk is all about gold/silver and equities melting up... which I'm not seeing.
Is gold ready to start its move toward $2000+, a few people are claiming 2500 gold this year. Not sure if they are too optimistic, but I guess its possible. I know you are more familiar with the way gold moves, so wondering on your insights. TIA
$HOTH looking good. 8 million float with 4 million so far premarket.
$VVOS could be big
Lol, nothing is based on what a company’s true value should be. However, I’m getting this disturbing feeling that a major bear market is going to start soon. And it’s going to wipe everyone out, really scary stuff should be coming in 2021.
$IMMP 40 million premarket and almost $7
$IMMP hope it pulls a $GLSI
Lol, you got in earlier then I on $IMMP looks strong.
$IMMP good start here.
No reason for $NTEC to have sold off... unless someone was shorting... anyways no comment.
$NTEC has also a 4% short... might propel it a bit higher. Still think we see $10-15 at least.
Yeah, really low float, it seems unreal, already at 5 million traded premarket. You only need a small position on these to make big bank if they run hard. $NTEC
$NTEC might be cheap soon under $8 once we break $9 should see $15-20+ IMO
$NTEC 3 million low floater previous high $14ish currently $7-8. Potential runner to at least previous high.
Set up looks bullish.
https://finviz.com/quote.ashx?t=ntec
Yeah looking great!!!
$CRIS if we break $4.94 could get parabolic. Float 53 million, premarket already 40 million.
$CRIS also creating swings
$SINO low float premarket mover
$DARE premarket volume
Thanks Lowtrade, I think I will take your advice and just either stay in cash or something with potential future rewards.
Well since I'm at it, I was wondering what is your take on the $SPX market and the other major indices, are we setting up for another bull run, or are we still in danger of some major correction as some believe. Personally, I'm seeing the charts as bullish with maybe rotation but not really seeing the bearish arguments a lot are talking about.
A little head fake up and down we go, enjoy sub $550 soon, we might bottom around 553 or so today, for a day trade id take profit at 553-554 .
$TSLA target is about $450-500
Hi Lowtrade, it’s been a while. Just wondering if you can direct me to one of your old posts on day trading and some of the tricks and signals market makers use to dictate market moves, I remember a few things like how market makers drop a market end of day prior to gapping it, and vice versa.... if you have anything to add it would be greatly appreciated.