Good morning STB!
Sad when reality and April Fools are indistinguishable. The jokes on us either way. Lame duck Trojan Horse keeps our pot at the perfect temperature.
Good v evil
On to the lie -
Minis off 97. 6510, 6460 and 6420 are the important support areas on the 30m chart. 6521 is the number they really want to hold. The main thing we’re looking for is a higher low or a potential DCB or double bottom around 6320. That’s bull talk, something foreign on this blog (sacrilege or bs), but something we must observe amongst the rigged game we play. On the other hand, that same number also marks absolute critical support (which should break given .. everything). We gotta be patient.
As for oil, remember 2009-14 when the average price was $316? The support level then was 232 which kinda makes a good target if oil goes over 146. Over 83 was a big deal. Over 130 it goes to 146, and we don’t want that to break (Trojan Horse may want it to).
The dollar really doesn’t like to be above 103. What could happen? Back in the 80’s it soared to 165. In ‘02 it went to 121. It’s been channeling up since the bottom in ‘08 and is basically at critical channel support here. IMO, they were about to crash it until this war/global financial crisis where everyone is selling everything globally (even UST and gold) to raise dollars.
Have a good day.
GL and GB!
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