The Dollar Is Extremely Strong, Pushing Down the World

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nice!! not a skier , but our boys do ski. We had a place in Blue Mountain, right in the Village, for many yrs. Kids got to enjoy, was a great retreat!

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beautiful BC, that province is a ski mecca ! Mount Washington Apline Resort , Vcr Island...hell of a pic!
 

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UUP (USD)

3 yr weekly

1662112434154.png



wow, broke the ceiling..........gotta put a tail on that asap, need 29,25ish, lets see todays close!!!!!



GLD (iconic Gold-- the hedge agasint inflation asset class, LMFAO)

3 yr weekly


1662112713840.png



obviously at horizontal support-- hold or bye bye




SLV (silver)

3 yr weekly

1662112800323.png



needs to close strong today, put a tail on this candle - 16.90-17 ish



qqq

3 yr weekly


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sold Dec $270 put. Counter trend bounce likely in play but Sept/Oct not historically friendly months, buckle up
 

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reversal midday Friday, whoa now!! USD has broken the ceiling (on the weekly, ridiculously overstretched), however, gld, slv are showing signs of a defense , their correlation with the USD maybe fracturing temporarily . gld, formed an 'abandoned baby' candlestick pattern on friday--bullish in the short term. In addition, bounced off its 200 SMA on its weekly .

someone , somewhere .....or rather 'they'...(LMFAO, coudlnt resist) want to hold this critical GLD horizontal support level


we shall see
 

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posted somewhere, cant find it--the next stop on the bus for oil on the downside was $84, hit it, sweet

a catalystic event on thursday (before Powell late Sept)-- fed policy across the pond. The monthly candle on UUP was similar to that we saw on GLD in March and USO in March-- that is, an inverse hammer pattern on the higher time frame. Very high probability of reversal-- played out for both gld, uso. Both were goldmines for shorts, remember the days when oil was at $120 , lol . The great thing about candles is that provides red flags BEFORE CNN does , more lol

However this did not happen with UUP. Probability lost here, UUP broke to the upside . Is what it is, alwasys goign to be a game of probability -stack it on your side with as much confluence and watch, all ya can do

Thursday is a binary event, imo )just as Powell two weeks ago was as i mentioned --he crushed the market, he's the straw the stirs the drink ). Either UUP explodes and has a blow off top, crushing metals , miners, equites or she defends the Euro and UUP's vertical run comes to an end ---this would be bullish for miners, metals

i believe gld, slv has been defended as folks r waiting on thursday--all bets r off then , going one way or the other. Again, just my opinion

..............

if someone would have told you Dec 2021 that in 2022 we would see inflation at 30 yr highs -- would you have bought calls on GLD Jan 1 st ? :) ....im fuckin' crying

BTC broke support , its like no one wants this stuff, .......not even the anarchists ? they have gone quiet ..
 

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USO (posted this before )


click candlesticks, click 1M (monthly) , click widescreen

look that that March candle, TEXTBOOK.

a bit giddy , glorious day !!!!!!!!!!!!!!

next stop on the bus unless buyers can defend: $74 ish. 4 red candles on the MONTHLY!!!!!!!!! Sept just started tho..need buyers to make this a doji, or turn it green ..... buyers from where?...anywhere...Anchorage....Perth....Mars........


BOOM


 

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however, gld, slv are showing signs of a defense , their correlation with the USD maybe fracturing temporarily . gld, formed an 'abandoned baby' candlestick pattern on friday--bullish in the short term. In addition, bounced off its 200 SMA on its weekly .

someone , somewhere .....or rather 'they'...(LMFAO, coudlnt resist) want to hold this critical GLD horizontal support level


we shall see
more fuel as bullish engulfing on gld ...folks betting Lagarde brings the goods ..........


1662581468586.png



:....hope all is well in North America. let ya'll know if it has legs tomorrow ........have a nice evening all "
 

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i believe gld, slv has been defended as folks r waiting on thursday--all bets r off then , going one way or the other. Again, just my opinion

..............


USD is gettign hit hard .($108.45ish is a level USD will need to hold) .. Large bearish engulfing on USD Index Futures ( weekly time frame) is likely ..................... So much bent up anger with metals /miners, lol - u think those boys that defended on Wed r a bit happy? Even BTC joining the party!

anyway, wtf is this? need an inside guy at Wash to give alerts at The Rx..., cmon....can be anybody...receptionist, janitor, weed delivery guy....

"US technology firms that receive government funding will be banned from building “advanced technology facilities” in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors."


cmon, maybe good for jobs but aint no one goin' to be signing teh SOXX chart come yr end....for fucks sake, selling puts on the SOXX with this shit happening? deer in the headlights....going to land in ICU ward with a saline drip.....geez.......
 

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patience comes to those that wait. USO was glorious, next is this silly USD :)....sold 1/2 as its at support. I THINK we get a doji then run up on the monthly then back down--crush this fucker :)
 

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not wasting anymore time lookign for the BTC thread, lol.It did indeed BREAK support, sorry holders. I was of the opinion that it would hold, TA was favoring it

at support and trying to hold, MUST hold,

i am of the opinion the USA (USD) is on the decline (look around :) ..) , USD dominance as such. Gamblers out there? its a buy :)...technically, this is a double from these levels if a go

jussssssssssssssst an opinion fellas.


more importantly is the USD continues to fall....
 

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'cmon, maybe good for jobs but aint no one goin' to be signing teh SOXX chart come yr end....for fucks sake, selling puts on the SOXX with this shit happening? deer in the headlights....going to land in ICU ward with a saline drip.....geez.......'

from sept 2022

''''''''''''




holy molly, may FINALLY be losing my SOXX shares!! been selling calls on it, sold the feb calls..... 'as God as my witness i thought turkeys could fly ' :)...its breaking through its 200sma. CPI today was cool, lowest since Oct 2021....Mr Powell and earings loom

lost my xbi shares, re-sold feb 3 puts at $80.50 earlier in Jan...its chart has been ideal to sell puts/calls--channeling in a tight box


USD HAMMERED TODAY.....lol still feel the monthly Jan candle will form a doji


clinck 1M (monthly)..look at that Nov candle, lol. Keep in mind Powell is still rasing rates. Target is $88-$90 in time .
 

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TSLA

3 yr weekly

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reversion to the mean? lol.......ya gotta tip your hat to M Burry, he was the early on the call and did get geo-political help nonetheless .. nailed it. Two weeks before Christmas i believe ti was at $150 - i saw MASSIVE puts @ $145, $140, $135...u think Santa arrived for those folks?...anyway they are dropping prices on two models came out today and report Jan 25th. That should be a wild day........Elon stated in Aug '22 that he's done selling TSLA shares, that didnt last as he went on huge selling spree. He's at it again;

"I'm not selling any stock for, I don't know, at minimum 18 to 24 months. So you can count on no stock sales until 2025 or something," Musk said in a Twitter Spaces chat on Thursday.

Twitter's gross rev barely covers the interest on the loans to buy (going off memory on this) ...will be interesting to see how this plays out. Should be a fun shareholder's meeting, no?
 

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'BTC shorts landing in Emergency Wards all across the land..........news at 11'

at resistance, id be surprised if it breaks it on the first attempt(weekly chart)...morningstar pattern on the monthly (mth not done), stupid oversold...
 

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we live in a world where US Treasuries r seen as 'no risk'. lol



".......these are people that actually own calculators..."


LMFAO
 

my clock is stuck on 420 time to hit this bong
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Too bad Janet yellen is butt ugly. She makes money cringe all by itself. Where do they find these losers at least tease us with a hot slut with zero empathy. Rather go out being whacked then whacking it
 

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Too bad Janet yellen is butt ugly. She makes money cringe all by itself. Where do they find these losers at least tease us with a hot slut with zero empathy. Rather go out being whacked then whacking it
Lol , slow ..slow erosion from within . Too few care ,...why care ? Just keep pumping those SS cheques ,all's well and decrease price of gas !! Lol
,......

Double Hammer on the weekly with the RSI under 30: sling shot for tsla .it's judgement day : earnings
 

Rx Alchemist.
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we live in a world where US Treasuries r seen as 'no risk'. lol



".......these are people that actually own calculators..."


LMFAO
"We're an insurance company that has an army"

It's a house of cards and this guy is screaming into the wind.
 

Rx Normal
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A Dollar Collapse Is Now in Motion – Saudi Arabia Signals the End of Petro Status​


To understand how drastic this coup has been, consider this — for decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. Positions such as Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Bin Salman controls all three positions. Foreign policy, defense matters, oil and economic decisions and social changes are now all in the hands of one man.”

“I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has been the single most important key to the dollar remaining as the petrocurrency from the very beginning.”

World economic war is the real name of the game here, as the globalists play puppeteers to East and West. It is a geopolitical crisis they will have created to engineer public support for a solution they predetermined.”



Patriots in full control!

:popcorn:
 

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"We're an insurance company that has an army"

It's a house of cards and this guy is screaming into the wind.

....maybe need a few 'influencers' to post on twitter/tik toc to spread the word?...lol, yeah forgetaboutit


gl to your New York Rangers for the playoffs

they posted a stat on yesterday's telecast; Shesterkin's GAA collectively is .925 in his 4th yr putting him in very elite company ; plante, dryden, esposito (there was one other , cant remember) .wow

how the fuck did Kreider miss that empty cage (2nd period pp)? ....was a good game , fuckin hell of a finish by Marner .Kreider and Matthews both having a downer yr offensively and yet both teams havent missed a beat, speaks volumes .



heavyweight battle tonight;

The Central Red Army (aka the bruins) Vs Tampa Bay
 

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almost forgot.......


deliverance :

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lost my xbi shares, re-sold feb 3 puts at $80.50 earlier in Jan...its chart has been ideal to sell puts/calls--channeling in a tight box
it broke the top of the box, 3rd candle from the right. Highly unlikely im assigned. roi was 3.85% (aroi - 44%)

markets having a deeeeeeeep breathe out to start 2023. amzn, apple, goog, meta next week...big week, and of course there's Powel looming. If his language is akin to the Bank of Canada? yikes, could have blast off...




xbi

2 yr weekly

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still like this chart , and hoping for a pullback to its 50 sma ($82.50) and to re-sell puts .....may not get what i want , lol..upside target if she can break is $95-then hits resistnace
 

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