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Posted

I will not answer that question here, but I am working on a report to answer that question. It's part of a roughly monthly series that I do on the subject. The last report is here

Meanwhile, I want to show you the 4 hour bars on the ES, 24 hour S&P futures. That looks like a breakout from a for mee dahb (francais for formidable) intermediate term bottom. It faces resistance at 5560, and 5600. Topping on the Cake

15uied

For day trading purposes here we track the hourly view. The base breakout measures to 5580. The 5 day cycle projection is 5590-5600. The 2-3 day cycle projection looks 5610-20. In terms of time, 3 days from the last peak is this morning, in the pre market. 5 days would be Tuesday. So the top of this move would ideally come between now and then. 

15uisy

You could say that the market will fluctuate and will top out now and then. 

And you'd be right,. Just like CNBSeen and the Wall Street Urinal. 

For moron the markets, see: 

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Posted

Gold is in a 9-12 month cycle down phase that isn’t going down, which is a bullish sign for the longer term.  It has re-emerged from the base from which it broke out in mid July. If this holds, it confirms the implied target of xxxx. The 13-week cycle has shifted back into an up phase with a projection of xxxx ideally due no sooner than xxxxxx xx. Short-term cycles have also turned up, with highs due no sooner than xxx xxxxxx. I have added new mining picks to swing. Non-subscribers click here for access.

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Posted

Foolish me, all along I understood the share markets were designed to provided liquidity and funding to American companies in pursuit of economic enterprise.  Turns out it operates to provide Uncle Sugar with obscene amounts of money to do unknown things with by extracting money from everyone else..

Posted
1 hour ago, Takachi-1 said:

Foolish me, all along I understood the share markets were designed to provided liquidity and funding to American companies in pursuit of economic enterprise.  Turns out it operates to provide Uncle Sugar with obscene amounts of money to do unknown things with by extracting money from everyone else..

Sorta like the "Bond" "Market".........

Posted
1 hour ago, Takachi-1 said:

Foolish me, all along I understood the share markets were designed to provided liquidity and funding to American companies in pursuit of economic enterprise.  Turns out it operates to provide Uncle Sugar with obscene amounts of money to do unknown things with by extracting money from everyone else..

Actually, Uncle provides the cash, either in the form of Fed QE, or Govt issued money called T-bills. The beneficiaries are Uncle's cronies who use the "money" to fund complex carry trades, from which they ultimately profit. 

Posted
2 hours ago, Takachi-1 said:

Foolish me, all along I understood the share markets were designed to provided liquidity and funding to American companies in pursuit of economic enterprise.  Turns out it operates to provide Uncle Sugar with obscene amounts of money to do unknown things with by extracting money from everyone else..

correct + funding war machine

Posted

God forbid that war machine ends up in Trump's hands. Goodbye Ukraine, Goodbye Poland. All of the former Soviet satellites and "republics" would be back under Russian control within 3-5 years. Some will go without a fight, and some won't. It will be bloody. 

Like it or not, the US war machine has served a vaild purpose. Not saying all the time, but without it, the free world as we know it, imperfect as it is, would not exist. And yes, a lot of unworthy, rotten people have been enriched. 

That's all I have to say about that.  

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