S&P 500 E-mini Futures
Updated

All This Inflation Talk is Making Me Nervous, ES

210
All this inflation talk from Jerome Powell, I think, is making people very nervous. What a load of BS and deflection. What he means to say is, "Yes, we need to increase inflation sooner than imagined, but I can't say that because everything will tank. Yes, this is another situation like Japan, but I have no real answers of substance. No, the economy is not in good shape, but I can't say that either because it will just get worse if I don't keep up this false hope."

Get ready to dive bomb...or soar, because anything is possible in this crazy world.
Note
oh, and, if we soar, get your shorts ready to roll on that
Note
gold is starting to blow up because of this
Note
oh shit he mentioned the Great Depression...now people are really starting to sweat
Note
ummm did he just say "don't say exit, markets are listening"!??!?!
what a world we live in eh?
Note
and did he talk about virtual currency??? can you print that??? haha!
Note
and there it is indeed
Note
just to add, possibly we go up to 3825 area tomorrow, and then potentially back down to 3758 area, unless overnight we go down to the 3758 area, in which case, we might be on our way back up to the 4K region
Note
right on schedule, dump train is pulling the station...pump next month or so for final wave 5 if we can get that far, and then ABC correction set up for March

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.