ES Journal - 2019/2020

NOPE! He waited until RIGHT after ETH close to announce the new tariff bump.

 

So much for December 15th, and X-Mas.

I would expect China to match these new dates and percentage levels over the weekend. Correction underway. Powell is powerless now.

There IS one good thing to come out of this though. Trump has sealed his own fate, because if he really thinks he can get re-elected on the performance of the stock market, he just lost the re-election.

But with every good comes bad, because when the dem gets into office in 2021, the tax break will be repealed and the fed will start QT again. I think, hehe.

 

The fed might make an emergency rate cut and the market will make an ATH.

 

NO

 

Very funny... Powell wears rear-view glasses, the fact needs to be behind him before he sees it.

 

K, so from where I sit, NQ closed at 7490 on Friday, right before the twit tweeted.

Let's take a look at the ladder on the ETH preopen, see how large the gap down will be.

 

That ladder looks kinda' unsafe.

 

K, here is where I have the prints as of now. Not bad? But I suspect this will change a few moments right before ETH open.

 

Selling pressure is building...