Trading for 20 years. Using a combination of EWT, classic TA, astro cycles and proprietary tools from mcm. Following ES futures, equities, crypto, commodities.
I'm seeing a lot of fake information about a potential deal to reopen the Strait and end Iran's nuclear weapons program. First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting. The deal is structured to ensure that the US and its allies concerns are prioritized, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region. This deal has the potential to remake the region and lead to lasting peace.
I've noticed a couple of bizarre things in the reporting over the last few hours. First, people who (rightly) said Donald Trump was a historic president a month ago now criticizing a deal based on unconfirmed media reports. Second, people who say you can't trust a word said by the IRGC who apparently believe anonymously sourced social media posts.
The president is going to get us a good outcome, one way or the other.
As expected, a rebound to 7400+ zone, to hug tmrw's SPCX IPO.
The catalyst is as brainless as the low-IQ participants can dream of believing--another ceasefire & deal. Like a bunch of hamster, the dip-buyers jump on the bandwagon and roll.
Good to reload ALL my PUTs back. 💪
The year is 2028.
Trump just announced that the deal with Iran is about to be signed this weekend.
Iran says it is reviewing the final text.
The U.S. says discussions are constructive.
Pakistan says a breakthrough is imminent.
Qatar says it is honored to have played a constructive role in facilitating the talks. Qatar did not facilitate the talks.
Israel says it learned about the deal from Truth Social.
Hezbollah in southern Lebanon is still getting bombed daily.
Axios reports a rift between Netanyahu and Trump. The White House denies it. Trump then posts a photo of himself and Netanyahu. Netanyahu is not in the photo.
Oil jumps 3%.
Then falls 4%.
Trump says the deal is being signed at the request of Pakistan and Field Marshal Syed Asim Munir, who Trump describes as “one of the great generals, maybe the greatest, people are saying.”
A senior official says we’re “closer than ever.”
A different senior official says “significant gaps remain.”
They work in the same office.
The next round of talks is scheduled for next weekend.
It will also be described as a breakthrough.
Qatar thanks Pakistan for its important role and takes credit for the progress.
Do / Die zone here:
Bulls have to defend this blue belt and the last line is the blue dotted line.
If held, then a rebound to 7400+, hugging tmrw's SPCX IPO.
If failed, then the red arrow will lead the way to 7150 zone, in a small flash move.
$SPY WARNING⚠️
VIX has expanded expect volatility here no CHASING I will be loading LEAPS 100k+ 2028
Market loves to retest previous highs and provide MAX PAIN
👍if ur down!
BREAKING: Trump is holding a Situation Room meeting with his national security team to review military options against Iran, including the planned "large-scale" operation in the coming hours.
Retest the previous LOW at 7237 in progress.
I think that support line would hold for this time; -- it'd better hold it, otherwise, the bottom will be off. The next target is 7150 then 7040, in a few days, if not in a few hours.
BREAKING: Iran directly rejects today's claim that Iran sent a new draft peace proposal to the US, saying "no such proposal exists," due to the suspension of talks with the US, per Fars. Iran also denied agreeing to a 15-year enrichment suspension, denied "zeroing in" on four nuclear issues, and denied Trump's claim of a deal being reachable in "two or three days" and that the Strait of Hormuz "will open up right away."
Chopping before FOMC: (1) A few catalysts will keep the market jumpy & crashy at the same time--SPCX IPO, CPI on Wedn., not to mention the war & oil. (2) however, the trend has changed, and the market is searching the best spot to trip both bulls and bears. (3) A gift to Walsh.
Leaked files from around the world just proved that regulators lied to the public to push the vaccines and erased incriminating data.
This article covers it all, especially the leaked FDA conversation. It's time for justice.
https://t.co/hH5bv8Qzan
The stock market is green because Trump said it should be green.
This was reinforced by NVDA's Jensen, saying that this dip is a buy opportunity.
This is an intervention to prevent the AI bubble from popping.
The FIC is going to manage this bubble by conducting a soft landing.
A pullback here and there, reversed by FIC mouthpieces to manage and prevent all out panic.
Roadmap till FOMC: (1) the market needs to first shake off the later bears who piled up onto the crashing train last Friday. (2) then it needs to kill the dip-buyers this Monday & Tuesday. (3) rinse & repeat--to keep the market afloat till SPCX IPO. After FOMC. All bets are off
On Monday, the Strait of Hormuz will reach 100 days of closure. Despite over 200 peace deals news made up by "journalists" and social media. Almost no oil is being transferred.