ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Downside risk is higher than upside. Jobless claims is higher, PPI points to slower economy.
Everyone's been saying that for a while but just look at how the market reacted.
And the debt ceiling drama culmination, what 10 minutes to deadline, will prove this. They won't let the markets tank without inflating them into another galaxy first. Humans will always choose an option that lets them breathe for a longer period of time.
during druckenmiller's keynote q/a at USC, he addressed the us debt ceiling as (paraphrasing) being worried about the high tide damaging the pier when there's a 30 ft tsunami headed towards you.
in any case, those diamond patterns by themselves has no implication on the future and can break in any direction. and it begs the question if we're to break down, why haven't we already with everything that has hit the fan in the last several weeks?
in any case, those diamond patterns by themselves has no implication on the future and can break in any direction. and it begs the question if we're to break down, why haven't we already with everything that has hit the fan in the last several weeks?
Did you watch the video in its entirety? This dude goes on a fear mongering campaign about Uncle Sam possibly defaulting on its IOU, only to switch to pumping up some gold stock (which he probably already owns). This is a classic pump and dump clickbait scheme IMO.