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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (165483)	11/26/2020 7:58:48 PM
From: sense	Read Replies (2) \| Respond to of 219648

Sometimes, the charts don't lie... Crypto Crashes Overnight As Whales Move Bitcoin To Exchanges zerohedge.com The double top secret whales suddenly want to convert bitcoin holdings into... something else ? Why ? Sometimes, the charts do lie... What I note re the larger market issues... I see in spades while tracking the chart of SQQQ... There is a major disconnect apparent between the ADX +DI -DI and the price action. The green +DI line hit bottom the last time there was a bottom... in the first week of September... while the red -DI line peaked... showing a classic reversal pattern. But, the two lines suddenly stopped moving when they met mid chart... causing massive noise in the price action, with huge volatility in a range between $24 and $29... which lasted for three weeks before the market "took the hint" and surrendered on expecting real market functions and reality to defeat the controls imposing fake markets and directed performance. Right now, they're (+DI and -DI) both "mid-range"... even if again diverging, but that's still all action occurring in a suppressed range, well after the actual technical bottom was put in... So, with that current divergence occurring between charts and reality, after the aborted rally that I've commented on before... it shows, to me, that the "SQQQ rally" was in fact artificially aborted... What the chart shows since then... is the suppression of the trade... with that reflected in the shrinkage apparent in the now compressed range and less dynamic performance apparent in movement of the +DI and -DI. The markets actual "will" has been throttled... caged... contained... the dynamic beaten out of it. And, while the market reality and context, if not the dynamic, continues to favor upside in SQQQ... what you see is that the performance has it making new lows... even while the technical analysis of the chart says it "should be" moving higher off the prior lows, and not making new lows... I commented before on the 10% upside in the SQQQ off the prior intermediate low in mid-October... which I got right in timing, and wrong only in understating the magnitude slightly... Wrong again in thinking it might be worth holding onto that trade through a bit of volatility... if it was going to range and trend higher... which hasn't happened. So, for now... watching and waiting to reload the trade at that point where its almost too late... rather than too early. For now, I'm going to watch for new lows in SQQQ over the next few trading days... while remaining cautious... or even suspicious... expecting that the imposed delays in recognition might become increasingly difficult to sustain, and might soon encounter some liberating events. But, when in "soon" ? My guess remains unchanged... as I'm still thinking Dec 8 to Dec 14 is the most reasonable timing in which to expect larger changes in narrative may occur. That date also seems it aligns with the date of the next events due on the calendar re the trade war ? Those events are set to "automatically occur" lacking effort to prevent them occurring... and I see zero potential for that kind of intervention just now... My guess is it might be pretty well sorted out already, long before March-April... with inflection points likely to come with greater clarity occurring on or before January 20th ? But, who knows. I do have a pretty long history of seeing things sooner than others, and thus being early, when there's not obvious boundaries defining event timelines... but, in this case... its not a mystery what the difference makers are, and when they are likely to occur... ?