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WEEKEND UPDATE March 13

       - Well, it's finally here -
WEEKEND UPDATE March 13
    NO, not THAT 🧨😄🧨
                                                     - THIS -
WEEKEND UPDATE March 13
Yes indeed. Time for me to forget about trading and go Root for my Cats & Dogs.
I will be away from my trading room. Odds are I will be checking updates intermittently on my phone. This is my one time of the year I allow myself to relax. When I worked, this was when I took time off, when I traveled for fun, this is when and where i traveled. I'll see many different sights, many different games, and have some food and fun...
And so iam doing this Weekend Update to let everyone know why iam not going to be as active. Unfortunately, the markets are going to get CRAZY.  I DO NOT forsee this bottoming before I return. So I feel pretty confident saying it is still OK to short all rallies. But there are going to be rallies! probably soon (Monday?)
- Where we are -
below is the $NASDAQ 100 Index(.NDX.US)$ it has different numbers than the charts I have been using. The price is not important, the price action is the same. The futures charts don't go back far enough to show what I intend.
This is the .com bubble. Look at how the MACD moves. Also this is when the FED started manipulating rates (the cause of the collapse that is going to happen)
WEEKEND UPDATE March 13
The 08' peoples financial bailout of corporate greed (it can't be a crisis if it was planned, call it what it was, and learn a lesson)
WEEKEND UPDATE March 13
and where we are at currently
WEEKEND UPDATE March 13
***********
I've debated adding this section but decided it's probably better to leave it in. This is a rambling, but there is a point, trust me. THIS IS A BEAR MARKET - Starting in October, this was a bull run (B wave) in a looooooong correction ABC - A (down, completed in Oct) B (up, completed? April 17 1 day before taxes are due 🤫) C (down, not started?). I do not believe the market has yet " topped." *something very important about the "top" - it's not a good thing. This is THE top. As in the end of the cycles;
50 year cycle - Watergate (toppling of the US power structure), (national archive fires burn govt records), Oil crisis, Energy crisis, 1971 the US abandons the gold standard and starts the petrol dollar but in 1973 the dollar took a 10% devalue hit. (any of this sound familiar. Because we are about to exit  or be exited from the petrol dollar system)
the 80 year cycle - WW2. This was the end result of the 1929 crash. It just took a decade to develop.
130yr cycle - economic collapse of 1893, https://en.wikipedia.org/wiki/Panic_of_1893#
210yr cycle - war of 1812
340 yr cycle - 340? 🙄😕 iam take off your tinfoil hat. What could've happened 340 years ago that affected us today🤪? I'm glad I asked 😚. Around 340 years ago, something very important happened that history likes to gloss over because those that won are still in control. Thus, it begins the cycle... 1693, the siege of Vienna. The unHoly Roman Empire led by Leopold the 1, combined with Sobieski and the Polish (German/Austrian Hapsburgs) army to defeat the Ottoman empire. Sobieski was later overthrown by his own family and nobles (no honor among thieves, allowing the Hapsburgs full control), leading to the eventual collapse and overthrow by the very people he joined forces with... But is it out of the realm of possibility that Rome drew the turks in, requiring Sobieski (their agreement required either army to immediately respond if either capitol is attacked) to lead an army away from home, forcing him to sign treaties in his absence????. but i digress... Yes, 340 years ago, the besiege of Vienna led to the collapse of what was Then the ruling power Ottoman Empire. (Sobieski was Eastern European royalty, although a lesser noble, he married into the french royal family *and as another side note, because i love them so, he was much like Teddy Roosevelt in american history, winning very decisive popular victories switching political and military sides often, used the power of media influence etc.* but here's the best part 💀 Sobieski switched on the French and aligned with Rome, leading to the downfall and overthrow of the french monarchy during the french revolution - which led to Napoleon *which was not planned, and why he was criminalized and demonized ever since* AND as another side note Kiev yes that Kiev in "Ukraine" was PERMANENTLY ceded to Russia in the "Eternal" peace treaty of 1686, so Sobieski would not have to worry about Russia attacking as he was off fighting the Tatars. (You see, it is all linked) There is actually a small number of truly wealthy, powerful individual families. They do not like competition. Every cycle, they consolidate their wealth and power to make sure no one else ever has the opportunity to achieve what they have, which is real freedom, influence, and control of power via OWNERSHIP. The fact that we don't know we are pawns in their game is what makes us pawns. Me, I prefer a knight (moves irrationally from others and unconstrained by other pieces).
*************
I was using the moomoo stock signal scanner just to get a sense of the market. What I found was that every bullish signal was bond and  treasury or healthcare with some energy
WEEKEND UPDATE March 13
WEEKEND UPDATE March 13
The Week Ending March 17 - Triple Witching
This is a big week - Stock Options, Index Futures, and Index Futures Options - all expire Friday the 17......... Expect Volatility!!!
Because of this Options will roll their positions to the next month. This will bump the price.
WEEKEND UPDATE March 13
Another thing. The FED will raise .25 points. That doesn't really matter long term, but may provide a near term bounce... Listen to me now, believe me later - interest rates will go to 7%+... Also the bank situation is a contagion. It is not limited to the few banks you've heard already. That also doesn't mean it will happen now. The market will do what the market wants to do.
My latest short $First Solar (FSLR.US)$  this stock is a thorn in my side. I've made money and lost money. it doesn't respect its own history 😄
WEEKEND UPDATE March 13
For the weeks ahead, I expect turbulance. Overall, there is more downside ahead. But the market will desperately try to shake the bears. 
$E-mini NASDAQ 100 Futures Main(JUN3)(NQmain.US)$ Over the coming weeks, we should drop to 11500 ending wave 1 of 3 down. Once it reaches the 11500, it should retrace back towards 12500. When the retrace back up is complete (as long as we don't break 12800), then it is DOWN, DOWN, DOWN in a big violent way... My guess on how this goes. We sell off and then get alright data with a more accommodating FED. This is temporary and fake. An easing FED will fuel inflation, and we are back to being screwed. 🙃
WEEKEND UPDATE March 13
$Invesco QQQ Trust(QQQ.US)$ On QQQ, this should sell down to below 284 before rallying towards 304. And then DOWN, DOWN, DOWN, to eventually new lows, but more near term to test the Oct lows near 265. This action will create an inverse head and shoulders to give us our big counter wave (this could be several weeks away)... Just remember the TREND is DOWN. it will have rallies, that doesn't make it bullish until it breaks 310. odds are we hit 220 before 310 just to put it in perspective.
WEEKEND UPDATE March 13
$Tesla(TSLA.US)$  We are nearing a temp bottom near 166. that should form a divergence on the MACD when this bottoms, watch out, this is going back up with vengence.vengeance. It should absolutely challenge 193 but probably higher.... as I was mak8ng this tesla hit 166, beware of a rebound TODAY.
WEEKEND UPDATE March 13
$Alibaba(BABA.US)$  Baba may be trying to turn around, may e its just getting ready for the bounce but this is consolidating.
WEEKEND UPDATE March 13
$Cleveland-Cliffs(CLF.US)$ I shorted CLF last week to 19, I will lift that short today.
WEEKEND UPDATE March 13
Be Safe, Be Careful, Be Wise
and as always
Good Luck
sorry, this post is kind of all over, but I have left the lair. Remember we are going to get some violent rallies, be careful. Short the peaks. Be safe, don't get overly aggressive, long dated puts at rally peaks are your friend. Be Wise, own physical Gold & Silver... moomoo posted my story, if anyone is interested. I would love to answer questions! that I can do without my lair
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