On my chart, 265 was the resistance of the "trading zone," and it broke out upwards. Today is supposed to be a TD sell setup countdown 8, but it comes with a huge green candle so far with the market losing steam... and my own MACD for MMRI is still pointing going up with no sign of giving back... not looking good for the market, so i think MMRI will indeed continue to go up.
The market seems to have acquiesced, and finally, in spite of the deceptions from flawed manipulators of truth, is beginning to reflect realities i.e. a recession 10 times worse than 2008 because of the amount of FED money in the system, and a 10 times faster decline caused by digital technologies.
If the powers that be can really ratchet up convid, they will use whatever bs variant as the excuse to implode this economy and blame it on convid pi or bs as it is bs. Once they do that welcome back to qe version 2024 to put cheap money to fight this crisis.
You should post every time you think I need to post this even when you're in the middle of doing other things. Don't worry about posting too much or too little. Just be GREG. That's what makes you stand out. xoxoxox =)
We are approaching closer to the new system of Central Bank Digital Currency's. But the problem that Central Banks are embracing is that nobody really wants it. States across the U.S. have made new laws refusing any form of CBDC's. This is the issue that will backfire very soon. The next major crisis will be a banking crisis, because the fear of not being able to transact anything will spin everyone's belief about CBDC's upside down...and the fear will be that the current system is not sustainable anymore, resulting in the people begging for the new one. The MMRI could possibly go higher shorter term, but in my opinion, we will see (what i mentioned above) beginning to unfold when the MMRI starts falling rapidly. This will be a signal that the FED is preparing..."preparing" to create enough firepower to keep the banks from really collapsing. In other words, when the banking crisis begins, it will be all "for show" and the banks will be "bailed out" by the FED yet again. We could see possibly by next year, the MMRI fall back down to pandemic lows, and once this happens the market will collapse fast, but the fear of this current system will be the main objective. Once they roll out their new digital currency, i think the FED will go right back to hyperinflating the stock market bubble.
According to my own technical analysis of the MMRI, this time, it could go up to around 320 before turning back down.
I agree. I figured 2-3 weeks ago the new “line in the sand” is 268-270. Sticking with it!
Correction 258-260. I’m ready to revise upward early next month. The world has had it with us. Can’t blame them.
On my chart, 265 was the resistance of the "trading zone," and it broke out upwards. Today is supposed to be a TD sell setup countdown 8, but it comes with a huge green candle so far with the market losing steam... and my own MACD for MMRI is still pointing going up with no sign of giving back... not looking good for the market, so i think MMRI will indeed continue to go up.
Thank you for the information. I agree 100%!
Today nvda wow I remember trading it at 20 lol what a hype pump on TV Today cnbc 😲
Hi everyone ☺️ good to hear and listen to your analysis each and every day
Keep posting Gregory
Prepped & ready as can be thanks to you!!
Perhaps they're rolling out another fake "virus" because the economy is tanking.
https://www.zerohedge.com/covid-19/real-reason-eris-cases-are-spiking
Same thing as Sept 2019 except this time the 10Y-2Y inversion is MUCH MUCH worse.
The fiat ponzi can not survive without easy credit and free cash.
https://fred.stlouisfed.org/series/T10Y2Y
America's going DOWN 👇😃😁🤣
Eeeeeeeheheheheheeee 😁🤣😃😁🥳
Yes it is. I’ve been watching it too.
And the world is on fire.
Soft landing = slow crash lmao
Haha. Slow-motion suicide
Ur on it Nicholas
Thanks Greg for mmri this is tool is really very powerful
The market seems to have acquiesced, and finally, in spite of the deceptions from flawed manipulators of truth, is beginning to reflect realities i.e. a recession 10 times worse than 2008 because of the amount of FED money in the system, and a 10 times faster decline caused by digital technologies.
thank you Greg
i love your heads up.........always.........always
Greg, Can you post a description of market risk and how the MMRI measures risk?
Thank You,
Erik Wahlstrom
If the powers that be can really ratchet up convid, they will use whatever bs variant as the excuse to implode this economy and blame it on convid pi or bs as it is bs. Once they do that welcome back to qe version 2024 to put cheap money to fight this crisis.
You should post every time you think I need to post this even when you're in the middle of doing other things. Don't worry about posting too much or too little. Just be GREG. That's what makes you stand out. xoxoxox =)
Way too many devil dogs and twinkies. =X
We are approaching closer to the new system of Central Bank Digital Currency's. But the problem that Central Banks are embracing is that nobody really wants it. States across the U.S. have made new laws refusing any form of CBDC's. This is the issue that will backfire very soon. The next major crisis will be a banking crisis, because the fear of not being able to transact anything will spin everyone's belief about CBDC's upside down...and the fear will be that the current system is not sustainable anymore, resulting in the people begging for the new one. The MMRI could possibly go higher shorter term, but in my opinion, we will see (what i mentioned above) beginning to unfold when the MMRI starts falling rapidly. This will be a signal that the FED is preparing..."preparing" to create enough firepower to keep the banks from really collapsing. In other words, when the banking crisis begins, it will be all "for show" and the banks will be "bailed out" by the FED yet again. We could see possibly by next year, the MMRI fall back down to pandemic lows, and once this happens the market will collapse fast, but the fear of this current system will be the main objective. Once they roll out their new digital currency, i think the FED will go right back to hyperinflating the stock market bubble.