Futures indication 200 point drop on DJI.

Was gone for week but looking at mkts action it looks like treading water for entire week excepting the whoosh down that began on Monday's open. That is where the remaining position held over last weekend was dumped. Held 50% of the short from Friday if recall.

Oil looks likely to tread water as well. Currently it is re-tracing it's a portion of it's pop from yesterday's heavy volume. Should be stable around it's current point absent new news.

Crypto's cannot get a bid. Although with the focus on blockchain and metals I suspect this may change. The tide has been rolling out on these since early October.

>>4307244

can see this happening as well. A gigantic FU to all of them. Does not mean it will happen.

Asia did not close out it's week on a positive note.

Europe is it's usual irrelevant slef with regards to Equity's.

The noise regarding Gold/Crypto's and blockchain has created quite the stir over the last few days.

Keep in mind it is still range-bound and until it breaks above 1280 or so or below 1200 it is just that….NOISE.

The dumps down will happen and is NOTHING new to seasoned traders.

Metals trade is exactly like these no-talent shills…easy to see desperate trading patterns because it leaves traces. You would think by now the 'dumper' would scale out the drops…I would be. Only a few places in the world that has that kind of firepower and the absolute hubris to stick it in everyone's face as they do it.

That will end poorly imo

>>4307340

We have had the PPT since the '87 crash so it is no surprise it has manifested in other places.

We just call it the ESF now.

>>4307368

Not that simple. The rest of the world's markets would have been sacrificed as we have the world's reserve currency. We can force asset sales only because we control the mechanism they are priced in.

Our system was supported in a large way due to the yen carry trade. Once you start flowing into/out of our dollar it becomes much easier to control where that flow is placed.

Imo the 2011 Sendai quake had a large element of needing Japan to print in a huge way. Take the very stupid thing that ABE did by acknowledging the Japanese were going to help Iran enrich uranium and you have quite the recipe for someone in the world to not like that particular outcome.

See this for what BOJ did few days after Fukushima

https://www.theguardian.com/business/2011/mar/17/japan-crisis-yen-surges-nikkei-falls

>>4307393

But how wide is it?

;)

>>4307452

It was all an illusion to begin with.

Nothing was done to fix ANY of it from 2008.

And from the tech bubble, '87 crash, '82 latin america debt crisis etc. It's a VERY long list.

This is the only administration that has actually tried to fix this. Was never going to be easy imo. You do not remove a system that has existed for 105 years and has crafted and compartmentalized the entire thing to suit it's own needs with a few strokes of a pen.

I wish it was that easy but it's not.