Risk Off yet?
Sure seems to be getting nearer.
Plenty of fringe level alerts and signals.
I still give the edge to this being a trap day,
but its roll the dice from here on.
The scent of musk seems to be in the aire.
Sure seems to be getting nearer.
Plenty of fringe level alerts and signals.
I still give the edge to this being a trap day,
but its roll the dice from here on.
The scent of musk seems to be in the aire.
Blackrock withdraw limits raising the eyebrows
I don’t know the why, and whatever it is doesn’t play any role for me.
(Anyone can conjure up any excuse at any time.)
Its just my software doing all the required calculations.
Others are doing the same, by different methods, but if their work is good we always seem come to similar conclusions about the same time.
Then the herd follows.
sorry to bother you.
Its not a bother.
Its simply that narratives don’t drive price and story lines are just a deceit, whether from CNBC, the WSJ, Jim Cramer or anyone else.
Sentiment is the driver.
When one side of the boat gets overloaded, the market reverses.
Whatever the excuse might be.
Until there are stories of jinglemail and multiple thousand point drops in stocks, I’m on the sidelines.
Short term, layoffs can be good for stocks but we’re just getting started. PM holders are going to have their metal tested before this is over (worst pun eva).
Here’s a chart of the bearish potential, along with the cautionary word that the upchannel remains intact. We ARE this close.
http://studyofcycles.blogspot.com/2022/12/plausible-minute-b-circle-b.html