Finally symptoms of a trend break
Total all markets moved on manufacturing and sales data.
Bonds, USD, Crypto all getting pummeled.
I would expect _at least_ further selling, if not a trend change in the markets.
Everyone is greedy, only up forever. I don't want to see anyone get hurt but I have also been laughed at and told I'm wrong a bunch by Pavlov's dog drooling at the sight of any dip.
So, stay safe. Look for either regain of the daily trend line, or else, I would consider this a reasonable exit area or short if you are see ing continuing confirmation of the market weakening. The major issue is that the market fully expects 3 rate cuts, but in my expectations, we'll see only 0-1 US rate cuts. Other central banks may cut before the US to be honest. There are lots of factors here, everything from Basel III endgame, to the lack of fractional reserve policies in banks, an M1 that 5x'd when that policy changed. We have a huge concentration in very few stocks unlike anything seen since the late 1920s before the crash even if valuations aren't as high as 90s.
The market is smart, it knows what's up, but I see a lot of dumb bling greed. So, I'm going to tell you here: the market teaches humility and respect. It teaches life lessons. If you show up in tradingview and ask why you're out 10% of your account, it's because you did not respect the market. You got lost in blind greed, and it will happily take it all back from you.
Bonds, USD, Crypto all getting pummeled.
I would expect _at least_ further selling, if not a trend change in the markets.
Everyone is greedy, only up forever. I don't want to see anyone get hurt but I have also been laughed at and told I'm wrong a bunch by Pavlov's dog drooling at the sight of any dip.
So, stay safe. Look for either regain of the daily trend line, or else, I would consider this a reasonable exit area or short if you are see ing continuing confirmation of the market weakening. The major issue is that the market fully expects 3 rate cuts, but in my expectations, we'll see only 0-1 US rate cuts. Other central banks may cut before the US to be honest. There are lots of factors here, everything from Basel III endgame, to the lack of fractional reserve policies in banks, an M1 that 5x'd when that policy changed. We have a huge concentration in very few stocks unlike anything seen since the late 1920s before the crash even if valuations aren't as high as 90s.
The market is smart, it knows what's up, but I see a lot of dumb bling greed. So, I'm going to tell you here: the market teaches humility and respect. It teaches life lessons. If you show up in tradingview and ask why you're out 10% of your account, it's because you did not respect the market. You got lost in blind greed, and it will happily take it all back from you.
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