While watching the Bubblevisions this morning, the “analysts” all stress the narrative of “earnings” and ignore the geopolitical and economic disruptions which are destroying the real economy on a global scale outside of their glass palaces. Just remember, every one of these networks have a product to sell and that is to convince the masses that the “brilliance” of their guests means you have to buy their crappy equities to keep their whales happy.
One day, perhaps, people will start learning history instead of repeating it. Meanwhile, AMC appears to be heading for single digits as the movie industry is more concerned about producing propaganda than providing entertainment for the world by getting more woke and going more broke.
https://johngaltfla.com/economics/the-apes-are-angry/
https://i0.wp.com/johngaltfla.com/wp-co ... C647&ssl=1
phase shit and canadian border shutdown shock
Touches on the work of JM Hurst that identified a nominal cycle model that was common in the markets that he followed.
This nominal model is the default model that is built into the Hurst Cycle study.
Many may ignore some implecation in it also.
Basically VTLs are drawn for the troughs of a cycle are used to confirm a peak in the cycle of one
degree higher when the price crosses below the VTL. Conversely, VTLs drawn for the peaks of a cycle
may be used to confirm a trough in the cycle of one degree higher when the price crosses above the VTL.
https://hurstcycles.com/4-year-cyclical-high/
And so we have the commonality of 5 + 3 = 8, and 4 + 4 = 8 wave.
The current log breakdowns in pattern shocks appear.
The only confimation was 13-f bugouts and current macd pattern spreads also.
Make Preparations Now! Truckers Protest In Mass, US Cross Border Trucking Mandate Begins Jan 22nd
So far we have only managed to mitigate damage not prevent it.