In the mean time, DO NOT make any more payments, as all the service will be free for January. There are a lot of scammers out there trying to take advantage of migrations and this seems to be a generalmproblem with all platforms. This will be the major danger for our chat channel. My intention is for all premiums to get an invite link to a chat channel when everything is running, but I have been warned that a scammer will simply pay the $10, enter the channel, and start doing damage by trying to scam you. With J gone, its all up to me and telegram bots to keep tabs on everything. This is all new to me so its step by step. I know that some of you paid 2 or 3 months in advance (even though I insisted on monthly payments), but I will try and find a solution to this. I repeat, DO NOT make any payments because January is free. Beware of scams.
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The above are the daily tf charts for OTHERS, OTHERS Dom and TOTAL3
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All triangles are expiring on the 6th of January, except TOTAL3 which is expiring on the 5th (which is a Sunday). Remember what I said about the 6th on my previous posts. A break up/down is expected at this time. In absence of any last minute FUD news, we go up, and ALTS go green.
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In relation to the s&p, today, pre markets are +ve so it will be green initially, but don't discount the possibility of closing red. If tomorrow the s&p closes green, the weekend will be good for us. Expect deviation (difference in direction) between stocks and ALTS.
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I see dark clouds forming on the s&p that will eventually bring everything down, but we will have a very nice window of opportunity for ALTS to run. Remember many months ago when I stated to you the extension until the 20th of January for ALTS. This is playing out very nicely. I'm glad that you knew this before most did. I have a need to chat with you and Im working hard on it. If all else fails, I will create a tg chat for this purpose, only for January and then delete it at the end of the month beforw scammers do any damage. I need this month to have daily personal contact with you, as its the most crucial month, exit strategy, how and when to sell.
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S&P opened in the green again. I have a higher confidence that it will finish with a red daily candle again (like yesterday). The reason is that institutions are selling and retail is buying. ALTS will be green for today, so no stress. Let's take a look at todays closing daily candle for BTC. If its green, its like saying 'screw you' to stocks. If its red (likely) then it will be a small red candle that translates to sideways action. We don't care, as long as it doesn't crash. This weekend will be a good opportunity for retail to buy ALTS, Remember, lower volumes means stronger moves, so if this is the case, green candles will be big. Monday, the fun begins.
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I'm seeing some games being played 1.5 hours from now in pre markets. Its easier to manipulate pre markets because of lower volumes. They try to drop the prices while they swoop in, after market opening and buy at discounts. This is for stocks. It won't affect us much, although a green s&p will form a 'general' positive sentiment that will help crypto.
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Wall Street Daily
I'm seeing some games being played 1.5 hours from now in pre markets. Its easier to manipulate pre markets because of lower volumes. They try to drop the prices while they swoop in, after market opening and buy at discounts. This is for stocks. It won't affect…
See what I mean about manipulation? They tried, they played their game for about an hour and now we fly.
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The market will find direction by Friday. Know that historically daily dumps are eventually corrected.
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Holding within the comfort box will possibly give us a green weekend, particularly for ALTS. Now here I have to be cautious. This scenario has failed on recent weekends, when it simply shouldn't have. Reason is that there is no positive sentiment as far as smart money is concerned. They are looking at multiple head an shoulders across the board, across all markets, across most assets. Fundamentals are also short term negative. So we go up on weekends only on the chance that retail buys in. They are looking at the same charts as we are.
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I expect a very volatile week. Apart from PPI data tomorrow and inflation numbers on Wednesday, this week will also bring earning results from the banking sector with CITI, Wells Fargo and Blackrock announcing their earnings today, right after markets close. That's 14 hours from now. Wednesday and Thursday will also see earnings from banking giants. It's too early in the day to judge pre markets, but later on, if they make any drastic moves, it means that they may have access to some of these numbers.
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A measure of wholesale prices increased less than expected in December, providing indication that pipeline inflation pressures eased to close the year.
The producer price index rose just 0.2% on the month, less than the 0.4% increase in November and below the Dow Jones consensus estimate for 0.4%, according to a Bureau of Labor Statistics report Tuesday.
This are the news that markets want to hear.
The producer price index rose just 0.2% on the month, less than the 0.4% increase in November and below the Dow Jones consensus estimate for 0.4%, according to a Bureau of Labor Statistics report Tuesday.
This are the news that markets want to hear.
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If this is repeated tomorrow (and its a big IF), we go up until the 20th.
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