[ad_1]
The compressed day by day (SPX) chart beneath depicts what trades appear to be based mostly on a wide range of market and political information experiences (rumors), relying on their scale of perceived significance.
Nov. 26, 2021 started a sequence of huge, wild whipsaw day by day and weekly swings in each instructions…depicted by the Common True Vary indicator proven in histogram format and based mostly on an enter worth of 1 interval.
That day, the WHO recognized Omicron as a brand new and extremely infectious and transmissible COVID-19 variant of concern.
There have been many rumors flying about on that topic, ever since…sending markets gyrating into chaotic swings.
On Jan. 24, 2022, the White Home Press Secretary proclaimed that US residents residing in Ukraine ought to depart instantly as a consequence of invasion threats from Russia.
And, there have been many rumors flying about on that topic, ever since…sending markets gyrating into chaotic swings.
It appears to me that till these points, and different worldwide and nationwide safety issues are settled, a technique or one other, the SPX will proceed to thrash about wildly and can stay caught on this massive buying and selling vary (between 4200 and 4800).
My replace of Feb. 23 comprise additional particulars describing varied eventualities which can be doable for the (ES)…control these for clues concerning path/development and watch out for rumors so long as the SPX stays on this vary.
N.B. The next proposal concerning the Russia/Ukraine battle feels like sane recommendation given in 2015, do not you suppose?
Too unhealthy it wasn’t taken severely by “the powers that be.”
Additionally, it appears as if what the West was promising Ukraine years in the past have been the identical rosy guarantees used for 20 years in Afghanistan, and look how that ended, courtesy of President Biden.
BEWARE: If it sounds too good to be true, it in all probability is.
[ad_2]