There are 5 good reasons to short right now: 1. Leveraged longs are near their all time high 2. We are a hair's width from the 200 DMA (orange) 3. We are still in a downtrend (blue) 4. We are in the rising wedge pattern 5. On the Weekly and Monthly charts we've already rejected a number of important bullish trend lines. Of course there are some bullish...
South Africa needs a whole new government. The incumbents have kicked professionals out of key strategic positions because they happened to be white. Eskom, the governmental power utility monopoly had gotten rid of people for being white long before the Zuma fiasco. The country is traveling down the same road of vengeance as Zimbabwe. This is a very sad...
You people piss and moan about how donald trump is supposed to be a man-baby, but look at the state of South Africa. The president of South Africa and his appointees are bona fide idiots. This was supposed to be a great victory for global establishment liberals. Meanwhile, The S&P 500 is on fire. Do those two facts make me evil for pointing them out? I'm...
The rand is the weakest currency on earth. This is because of a braindead government voted in by the victims of structural ignorance under the wicked apartheid regime. Life's unfair; but this is probably the best shorting opportunity in a decade. (Long USD, Short ZAR) TECHNICAL ANALYSIS: BULLISH PENANT BREAK
It's sad to watch a once wealthy country break down in slow motion, like some delapidated train, but, like Zimbabwe, South Africa is led by idiots.
I'm satisfied to buy at these levels. If you are a serious trader and have a counterargument, please feel free to contribute.
Watch the rand turn. Ramaphosa and his ANC are not fit or competent to govern a modern state.
I'll let you in on the schedule for South Africa's downfall. Its scam ANC government is going to fail to meet its mandates. Right now it's got about 1000, including free healthcare for all and free land for all, as well as free education for all. Obviously it can't possibly meet all of these mandates. With the agitating EFF opposition party bitter about all...
Is this a 10 bagger? Or close? Let's see if we can make 50 dollars...
As we find our footing on the feb-march trendline (within a descending wedge), we might be in for a trend reversal.
In our politically correct environment, a post like this could get banned. Several of my previous posts have been banned Yes, that's right. All you have to say is that taking land back ala Zimbabwe style is economically detrimental to a once promising economy and you get a mark against your tradingview account. All I would like to point out is the existence of...
The decendings of a wedge augur a movement into space, and possibly new heights.
Within the great steel echo-chamber of silicon valley, the technocrats have it all set up so that their slave-Netizens are unlikely to believe anything that paints the present POTUS in a flattering light. I published this idea not so long ago and to many it was unacceptible. Well, I hope this idea doesn't get banned from the site again. After all, the long case...
I wish that the run-up to this squeeze continued for a bit longer, but I'm not complaining. It could break out at any moment (probably to the upside!!!!!!)
The ceiling for the S&P is to my mind, where the orange diagonal line is. This represents the top of the most important channel. We haven't even begun to breach the blue line, so we're likely in for some exciting times! Sorry if praising the S&P isn't politically correct enough for you because of left-wing media brainwashing your ass.
This morning I got a notification that my analysis of the South African Rand's downfall was hidden. What have we become when we can't call out governments for failing or commend governments for prospering their nations? I thought trading was objective, but politically correct culture determines what trading calls we're allowed to make...
Billy Gates wants to imprison the world in his global digital architecture. In the world of IoT, you are the "thing". Bitcoin is designed to be a decentralized system for payment. That means Billy and his pals want to quash it.
I keep hearing these wonderful predictions with moon and sky-rocket icons -sometimes horse-shoe magnets - thrown into the mix, but these arrows show the weakness of the BTC price action. We are not in a highly bullish environment at this point.