Here’s a video discussing what I see as the current state of things.
0 thoughts on “State of the Market”
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Here’s a video discussing what I see as the current state of things.
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Thanks, it is helpful. Hope all is well at home.
most definitly the trend is up –to epic proportions –of exhaustive extremes–to the annilation of the bears
but would i buy here–of course not–would i buy silver at these extrems -no
the big boy instos dont work that way they buy low sell into strenght
the usa should not be traded in issolation to the rest of the world–and using one of Jasons indicators –the usd—but the world is hurting with a low usd–and it is providing a loverly CARRY trade and is being used extensively— with free money we sell usds and take the rish trades—RISK ON
but watch out for a RISK OFF week coming –europe banks reporting and their stress tests
–the pigs trouble–plus specifics coming out of usa
with risk off the europeans/japaness will take back their carry trades sending euro down /usd up
imo it is all up to the euro-jpy and usd
Great work Jason and i agree with all u say ,Jason ,but just call me sceptical