ES Journal - 2016

Some trends say up, some say down, how do you come to a conclusion with these opposing trends?

 

You could wait for a confirmation like a breakout, which of course could also be fake.

 

I only posted the interview, the rest is the usual mambo jumbo on apocalypse.

 

And with flat 50/200 day MA's, bonds diverging, etc, etc...it still seems to indicate a highly volatile Fed induced trading range. Honestly, what is the difference between now and what we saw in early Nov 2015? Aside from earnings expectations being revised way lower.

It looks and feels like some pattern matching algo's create many of these charts.

 

FED emergency meeting is odd...

 

i went long at 39.50, stop at 25, target 70+

 

they have these Monday meetings every fortnight i think

 

you could've just mailed me $725, same result

 

Yen rallying, dumping dollars on world market, gold rallying secondary to dollar dump and thesis world central banks have to debase even more n more as time passes. It's like a no win situation. Normalizing rates, global equity markets shit the bed. And gold still ends up rallying. It's quite ominous the corner CB's have painted themselves into. And all in the name of avoiding the destructive aspect of poor decision making from the micro to macro level. Take a look at some third world countries like Venezuela.

And on even more ominous note, the Zika virus is leading to neurological deficits in adults not just birth defects. It's a mosquito born virus. The summer rolls in and the spread factor will be crazy. Take care of your family and take protective measures.

 

Don't take a look at Venezuela...You might not be able to sleep again after seeing that train wreck and what is actually happening there (hint: MSM won't tell you).