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Chinese ship has broken the US blockade
that shows how stupid the project of globalization has been since its beginning. Western politics has obtained to transform an underdeveloped country like China was two or three decades ago,
into probably the first military power that it will become in just few years from now. They are one billion people and even though their military weapons are not the best, they can recover whatever loss
on the battlefield in such a short time that in the west we can only dream of. Economically they are playing on two fronts. On one front they are weakening western economies thanks to their cheap labour
that makes it possible for them to invade our markets with cheap products that by the way are rising their own quality day by day. On the other front they make a deal with Russia, India etc.etc. to create
an alternative market to the western one. And they have achieved all of that with our own help. So the question is this one : Isn't it time to bring back the production of western goods to western countries ?
And say goodbye to globalization ? Sincerely I wouldn't sleep that well the day when a communist dictatorship ruling one billion people, has reached the point of having the most powerful army in the world.
363 Views · 3 Replies ( Last reply by andr99 )
Our blockade doesn't take effect
318 Views · 1 Replies ( Last reply by redfoliage2 )
inside a giant mess
Hormuz will be closed to everybody. Fantastic.......
MKT
The following indicators on the daily SPX chart are at levels typically associated with a ST top for the SPX.
1. 40 Down roon(5) Up 100 Down 0. 2. Coppock Curve(8,5,2) 10.99 3. CCI(5) 70.96 4. MACD(2,10,14) 132.81
5. RSI(2) 89.13 6. PPO(2,10,14) 1.99 7. Stoch RSI(5) 0.88 8. Williams % R(5) -9.28.
The following indicators on the daily VIX chart are at levels typically associated with a ST bottom for the VIX.
1. Aroon(5) Up 40 Down 100 2. Coppock Curve(8,5,2) -57.0 3. MACD(2,10,14) -3.41. 4. PPO(2,10,14) -14.8
5. RSI(2) 9.1 6. StochRSI(5) 0 7. Williams%R(5) -9.56.
Turn Windows for the Week of April 13th & a Wile E. C...
According to my DJIA turn probability summation system, the windows this coming week with the highest probability of seeing a turn in or acceleration of the current trend in the DJIA are Monday April 13th and a window stretching from Thursday the 16th through the morning of Friday April 17th.
Last week the mid-week Wednesday the 8th thru the morning of Thursday the 9th turn window was a bullseye as can be seen in red on the marketwatch.com plot below where the turn window tagged the explosive ceasefire rally and maybe even a top at the end of the window if things start going tits up on Monday the 13th which certainly looks possible given the ceasing ceasefire.
The Road Runner always tricked Wile E. Coyote into running off the edge of a cliff with nothing but thin air between the fur lined beast and the ground a mile below. If my assessment of the ceasing ceasefire and EWave count below are correct, that is precisely where longs will find themselves in next week's crash risk window. Of course, the POTUS, a.k.a. TACO, could pull a rabbit out of the hat and turn everything around by just declaring victory and heading home. Given the current situation, I wouldn't put it past him. That would fry the shorts and my nascent EWAVE count, but might leave a big mess behind which will cause even more trouble down the road, and that could be a very short stretch of asphalt. Regardless, hold onto your bippy, skippy, things may be about to get wild one way or the other and soon.
Regards,
Douglas
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