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What Happens When We Leave The Great Nothingness 12/31/21

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The ES stretched support at 4760 and bounced back, but is now in the process of testing as of 6:40 AM in New York. Resistance is suggested to 4796 and 4802 around the NY open, and is well established at 4808. In between 4760 and 4808 is the great nothingness. 

Within the Great Nothingness, we experience feelings of calm dreaminess. Beyond 4808 lies the great euphoria, a state that will lead to ecstatic proclamations and speaking in tongues. The multitude will praise and bow down to the Golden Calf and proclaim the miracles of Lord Jaysus of the Church of the Fed. 

Below 4760, will be the amusement park thrill road called the Rollercoaster from Hell. BWAHAHAHA. Every nosedive will quickly be met with a violent rebound. The ride will fall and lurch violently, tossing as many riders to their deaths below as possible. 

This is our fate dear stoolies. Either way, we are doomed. 

With this joyful message of confidence in the future, I wish you a Happy New Year. See you next year. 

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 Meanwhile, the big picture. 

Holiday Wishes and Publication Schedule

Get Ready for a Slow Moving, but Perfect Storm

Gold Shows Every Sign of Doing This Now (and Forever)

Is It Time to Quit if Your Chart Picks Crushed the Market Last Week?

How to Tell When This Inconclusive Market Turns Dangerous

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THE FED AS SHORT SANTA

When you think about it.....

All the FED's trillions of QE from march 2020 onwards set up a monster stock rally.

This allowed a tsunami of SPAC garbage to be launched in 2020 and 2021.

Setting up wonderful opportunities for the shorts, with shorting SPACS in the last half of 2021.

The SPACS remind me so much of the other Jimbo's "winners of the new world" way back in 2000.

Yes the FED is short santa.

 

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