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Tuesday, November 12, 2024

The Trump Trade and an Extremely Bearish Technical Chart

I don't blog much anymore, but as I mentioned on the X platform this morning, I want to document the silliness we're seeing in nearly every market, as well as the setup for what I believe will be a historic Market Crash, and possibly even the end of the financial system as we know it. 

Going back to Election night - a week ago technical Tuesday

I watched some of the election coverage on Bloomberg, switching back and forth between 2 other networks, and I can confirm they were reporting the "Trump trade" in Treasuries, long before any results - in important swing states - were even in.  

Funny thing about that so-called Trump Trade, is that anyone who stayed up to watch the election play out, knows that the Dow rallied over 1000 points, and Bitcoin 8% - and this was before midnight EST - long before Trump was declared the winner. This is no different than the BBC reporting that building 7 had fallen, before the fact.

Now that the setup is complete, it's time to take the market down, and start blaming - you guessed it - President Trump!

 

As you can see in the tweet above Bloomberg has already brought Nouriel Roubini (aka Dr. Doom) on their Fake News Network, in order to throw shade on the so called "Trump (trade) Rally". 

Sorry Gloomberg, but this market bubble was created through massive monetary stimulus, after the 2020 election was stolen!

Side Note: Did you happen to see the recent scripted press conference by Chairman Jerome Powell, where he stated not once, but twice, that he can not be fired? Talk about setups!  



 Documented in the tweet below, with tons of evidence attached in the thread more fake news:

In Hindsight: Trump won as I've been predicting for at least the past couple years now, but anyone who has followed this blog over that time, also knows this is also a setup - for a historic crash - which is the whole reason for the Everything Rally - to new all time highs - under Joe Biden, and company (Obama2.0), and by the time the dust clears, the vast majority of the population will be begging for government intervention in the form of a New Deal 2.0. I'm talking about the end game for the Free republic, to be replaced by a New World order (socialism), and possibly even Fascism under a globalist leader aka the rise of anti-Christ.

This is actual good news for believers, for those who endure the tribulation period. If what I'm saying is foreign to you, then you may want to accept Jesus Christ as your redeemer, and get into God's Word (The Holy Bible), before it's too late. 

An Extremely Bearish Technical Chart:

 To be honest I've struggled with the long term charts for nearly 15 years trying to identify the correct Elliott Wave Pattern - since the financial collapse of 08 - and it wasn't until I started taking a close look at microcaps, that I finally identified the Covid money printing  throw-over, at the top of the pattern, as Primary wave "(5)"  

$NYSE - Trades in the same EW Count - in case anyone thinks I'm cherry picking charts.

 The pattern is known as a broadening - or expanding - triangle (top) in an extended wave (5). The most recent leg up looks like a head-fake wave (B), similar to the one we saw top out in 2007. Don't ask me to pick downside targets in a hypothetical crash, that hasn't even kicked off yet.     


 Bitcoin is another trade where I see Trump supporters being setup for the fall. 

I'll probably blog again, around the end of the year, to see where we're at.

 Take Care, AA

 

 

 


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