Bottom line is 'they' are running out of time and their plans for global financial domination have not played out as planed. They may be about to lose the presidency, their police state is not set, the internet is waking up more and more of the sheeple to reality, the great reset is coming. "Debt Is The Cause, Not The Cure"- Why $19 Trillion In Debt 'Is' A Problem.
Well, selling to the sheeple seems to now be a firmly committed strategy (by the elite) - "This Has Been The Longest Selling Streak In History" - 'Smart Money' Sells For Record 14 Consecutive Weeks. The Australian rate cut and the Puerto Rico issue have rocked the system. Relax. congress will be blackmailed again just like in '08 and the 'system' will be protected yet again (thing Greece but on this side of the pond). See Puerto Rico’s Debt Crisis Deepens as Government Misses Payment.
Nothing that moar QE and a permanent backstop can't handle, so no fret (for now) the helicopter money is coming soon. That's the only thing that's keeping me from calling an ultimate top (whether actual top is in or not). There will be a time to run. Run like hell. Problem may be that at that time you may not be able to get
On to the lie -
Well - The Last Time This Happened, Stocks Tumbled 20%. I've been mentioning the rollover for weeks now, the miserable technical and economic conditions, and yesterday I discussed the lower low and it's potential. Yet, I've remained very fearful of the Fed and the manipulated markets. There have been three topping points in this run that have been thwarted mercilessly. I've been right to lean with Team Manipulation, but that lean is getting a bit less conviction now. I'm no where near the bearish stance I had last August despite technical and even worse economic conditions. Not sure if that's a mistake or not at this time. My fear of moar and their protection of technical levels are the main reasons. If it breaks down I'll roll with it, but for some odd reason I'm not convinced they want to survive another major tumble.
SPX 60m - The blue wedge completed, broke down, now there is a channel down and a possible larger HnS (in RS now) at the top here as the market continues to try and roll over.
Freedom watch -
Like I said above physical at home (and as I've said many times in the past barterable items and getting yourself out of cash if you want any freedom) is a really good idea. And don't forget to pay for it with CASH, this way the purchase is not traceable and therefore can't be tracked by the PTB. I'll add, ur running out of time to get this done - A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York.
More to come below.
Have a good day.
GL and GB!