🩸REDLINE TRADING

Same number, different context. American inflation has come in at 8.5% for the 12 months to July and everyone is celebrating. The main reason, it is down from 9.1% in June. Four months ago, inflation also hit 8.5%. But it was on the way up and it caused panic around the world

Story still unfolding Few more subwaves and we’ll have to pullback- it’s inevitable Until then, enjoy the incredibly quick gains! #lovinit #dontbegreedy #dontdelay

#reconcilliation Apr 30th to August 11th 2022 Current prices added August 11th in bold Underlined prices are considered positive for entry if managed for progression #midcap channel #NXS 0.79 | 0.95 H1.08 #MIN 57.99 | 46.88 | 59.00 #JRL 2.99 | 2.93 #CAT 0.91 | 0.99 #SFR 5.80 | 4.33 | 4.87 #FMG 18.56 | | 19.30 #AKE | 9.85 | 12.45 #CHN 3.86 | | 5.20 #PRN 0.65 | |0.72 #WAF 1.21 | | 1.42 #CIA 5.04 | 5.00 #CDA 6.43 | 7.69 | 8.00 #OML 1.07 | 1.27 #PNV 2nd 1.22 | | 2.20 #RUL 1.59 | 1.63 #NAN 3.01 | | 5.00 #LYC 8.82 | | 9.87 #ILU 9.24 | 10.04 #BKW 18.45 | | 21.37 #Aug22

ʀᴇᴍɪɴᴅᴇʀ If it's down 10%, it needs +11% to break even If it's down 30%, it needs +43% to break even If it's down 50%, it needs +100% to break even If it's down 70%, it needs +333% to break even If it's down 90%, it needs +1000% to break even Control your risk.

#UVXY Ultra VIX short term futures ~8.5% overnight - lowest level since inception 2012

#gold -Always surprising Metals are never an easy thing to gauge but over time you get a sort of sixth sense for these things The market data is telling you one thing but never in a clear and concise confident matter. There’s always room for alternatives that hinder your progress towards fulfilment. Always the ‘what if’ In my experience it’s best to go with the prevailing trend immediately as it’s established. Which is why the lower degree is always important at crossroads. Important price points or EW count junctions need a microscopic analysis. This sets you up with clear parameters for validation and invalidation of a trade If gold is to breakout into a flurry, can you imagine the heights the gold miners will go? After already accelerating 20-50% in the last few weeks. It’s going to be big. When it occurs. Timing in and out of these positions is going to be the most important thing. The angst in timing of such moves against the unwritten rule that stocks can’t just go straight up, is the reason they’ve ran early. It makes decisions harder to make later.

Market puts in another big day DJI up 1.5% and we’re gonna push out new highs again with a beautiful green candle! Bull plan going to plan

Global interest rates on 10-year government bonds: 1. India 7.3% 2. Australia 3.2% 3. USA 2.8% 4. Canada 2.7% 5. Spain 2% 6. UK 2% 7. Portugal 1.9% 8. France 1.4% 9. Germany 0.9% 10. Japan 0.15%

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02549638-2A1388819?access_token=83ff96335c2d45a094df02a206a39ff4 #betashares #metaverse #ETF