Originally Posted by
coolhand
Welcome to my thread!
Because this market is so manipulated, and right now it's to the upside (massive money printing, but there are other reasons) I don't know that this gap will be filled in historical fashion. I say this because there is a major war raging for control of the financial structure. There are those that want to plunge the markets by 50% or more, while the other side is trying to keep it afloat (for now) for future purposes (I'm thinking within 24 months or so). There is no telling exactly how this plays out. I have no doubt there is some fluidity involved as the battle moves back and forth. Most don't see this battle, which is why I point to the X22 Report to get a sense of what is really happening.
Now, it's possible the gap gets filled and the market move higher again, but I would not be comfortable holding that scenario. I just don't think it is business as usual anymore. It is now about survival. The money printing that is currently in progress started a few months ago to prop up the big banks as they are already insolvent. It is do or die for the CB and they know it. In my calculated opinion I don't think they survive.
I stopped trading the markets over 2 years once I really began to see what was happening.
I continue to provide commentary here for those who are looking for seasoned perspective, but I've whittled my technical indicators to a shadow of what I once tracked for reasons already stated.
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