Ready to have your mind blown? 🧵
This 1987 crash analogue sets up for a crash on Monday October 2nd 2023.
If you notice the comparison charts 87 had a double test of the 100 day and then a bounce followed by a 3rd test Thursday October 8th 1987…cont..
OK I’m convinced. Let’s do it. Switch all currency to Bitcoin or anything with a finite amount. No more money printing allowed.
Just imagine if the government could not send money to other countries for endless wars unless we cut something else. Not because they didn’t want to, but because they were out of money to spend.
The only way to get more money would be to take it from the American people on their taxes. I bet we would all take voting a little more seriously if our representatives had to be responsible with our money for once and couldn’t overspend without it coming out of our pockets.
This post was quite impactful to many.
Everyone is just burnt out.
For 2 years they told us to stay home. They ruined our small businesses, took away the outside world, and covered our faces in exchange for tiny stimulus checks. Then they caused the worst inflation crisis of many folks lifetimes. Then they rug pulled the stock market & caused a technical recession.
Now - no one can afford assets (let alone groceries or rent) and the argument is well your slave wages rose (by 15% when inflation was 50%) - and they’re poised to take rates higher & higher to do even more damage to a very imbalanced and bizarre economy.
I’m afraid all it does it continue us on the path to more and more wealth inequality & the days of a Brazilian like America grow more & more likely by each passing month.
The people at the top weren’t touched at all - their jets continued to fly around, their assets continued to fly sky high, and their control grew even further.
This isn’t the America anyone dreamed of.
We’re all just a little tired & many of us couldn’t care less what those people behind a Gulfstream door have to say about cutting emissions, eating crickets, or how to raise our kids.
While few voices of reason exist in the crooked political sphere - I cling to some hope that enough good people of varying backgrounds, degrees, and mindsets can get together and make great things happen - even starting with small changes that can have a ripple effect.
As my summer winds down and my desk time gets back to normal, I want to try and bring some value to this account.
I would like to try and identify a handful of weekly setups on singles, as well as the broader market structure for the week. I’ll also try to identify intraday
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