EmptyEternity

EmptyEternity Updated 

Note: the technical indicators show a TTM squeeze ready on EVERY TF except Monthly, which is about to happen shortly by this summer - which means a massive move will happen. BOJ will blow up this summer and will devalue against the dollar forcing China to devalue to stay export competitive. I see a 50% devaluation - which will have the opposite effect on everyone...

EmptyEternity Updated 

"That's a HUUUUGE wick" - Deuce Bigalow Not uncommon for PA to come back down to touch the 20ema - which intersects a big trendline AND illustrates a backtest to the broken downward trendline. I anticipate this move happening fast, and could be combined with a minor market drop overall. Exo-political situation that's escalating is the USDJPY - and the BOJ is...

EmptyEternity

I see the BOJ dumping treasuries this summer, which'll force down the USDJPY pair, and increase inflation here at home. When rates go down, borrowing money is easier, especially for junk corporations avoiding default due to decades high interest rates. Could AMEX:HYG fall back into the box one last time? Absolutely, if the dollar ticks higher after FED...

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Miners didn't accelerate to the upside like metals because they do better in lower interest rate environments, whereas metals do better for volatility events. You could buy ITM puts here on JNUG, NUGT, GDX or GDXJ and see a good return, or just wait for this to bottom in a couple of weeks and ride the lightning. THIS opportunity is one of the 2 that I see this...

EmptyEternity Updated 

I anticipate the Euro, Yuan and Yen all devaluing this summer against the dollar. I think it starts off with PBOC or BOJ devaluing which will start off a firestorm first by increasing the dollar to 140-160+. I anticipate that at a minimum we'll see .75-.80. Also, the TTM Squeeze indicator is almost on every TF except monthly which will hit by this summer. That...

EmptyEternity Updated 

This has broken out of two downward trends and Powell is about to be dovish with the dollar and let inflation rip again for Biden to get reelected. I see a VERY ATTRACTIVE options play right now - Endeavor's May Call contract at $2.50 is .20 right now and the O/I is off the charts. $5 is .05 or $5 a call. If silver blasts off like I think then these guys could...

EmptyEternity Updated 

A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming. I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter. I've also been noticing that precious metals are higher...

EmptyEternity Updated 

Silver needs to consolidate, and since the dollar will fall since Japan, South Korea and USA's Yellen agreed this week on it, they need to slam silver first to blunt the ascension and to shake out paper hands.

EmptyEternity Updated 

SCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since TVC:DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes...

EmptyEternity Updated 

The FED is either: A. Going to be hawkish and provoke a mini-meltdown before another FED speaker comes out next week and hints at rate cuts in June for sure. B. Going to be dovish Either way, USDJPY will fall to 97 area, bringing a roar of inflation back into the limelight. People will think it's the death of the dollar, but what happens here is the opposite...

EmptyEternity Updated 

Bitcoin will go a little lower until next week, then start to rocket again since USDJPY will be capitulating and that will force inflation to resurface. Inflation also means excess liquidity which is what bitcoin is, and is highly correlated to the nasdaq. I give it till summer when the BOJ pulls the plug and the FED is forced to hike rates again. This will force...

EmptyEternity

I see a sharp ramp up in commodities after Powell's presser on Friday when the inflation metrics come out and he sends a Dovish message (not hawkish enough). The dollar will end up turning back up this summer so I see this upward trend momentarily until after the FED goes in with CBDC's and then commodities will take off. At that point I doubt stocks will exist so...

EmptyEternity

The FED is playing fiddle while Rome burns, and Powell's dovishness will goad the markets and inflation higher until something cracks forcing the FED to increase rates even higher. I expect a larger attack in the Middle East that spikes the price of oil. Maybe a nuclear scare or an internet black out blamed on Iran by the neocons.

EmptyEternity Updated 

-The dollar bounced off the 200 ema -TTM Squeeze went off on the monthly chart -It's retracing after the launch -check below for more TF's -dollar going to 160 before a new Plaza Accord happens that revolves around a digital currency based on social credit scores (Mark of the Beast 666)

EmptyEternity Updated 

1. Trend is down over year and half 2. TTM Squeeze that usually bounces off opposite wall before reversing 3. Hitting resistance trendline repeatedly 4. Under 200ema I could see this ultimately hitting 200ema, which I would dump everything into going short, but this spot is good for a short as well. Always keep more dry powder and don't blow your load in one go!

EmptyEternity

Hitting resistance from trend established for over a year, hitting 200ema, low volume, TTM Squeeze usually hits opposite side before turning around - big move coming!

EmptyEternity

Set up for a head and shoulders down to orange support and then to red. The market will bomb even more after the FED pivots in Q3-Q4 of 23 - taking precious metals with it. PM's take around 3-5 months to bottom out on average (according to Sunshine Profit's research) before taking off in a down market.

EmptyEternity Updated 

The Bollinger Bands contracting inside the Keltner channel predicts an explosive move ahead that will last at least 8 days. Combine that with Newmont's Price Action creating a box which looks like it's breaking through. I would not be surprised if there was a retrace to the top of the box later today if action is aggressive, or Monday morning - then it's Sayonara...