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Sunday, April 26, 2020

SUNDAY UPDATE: A CORRUPT WORLD ON THE BRINK

“When all of your trading signals end up like this!”

VIX in just about every market dropping faster than a stone in water … it’s gonna
make for some very tough trading conditions going forward, without risking a
bundle … in the meantime, the world smolders like embers in the fireplace, and
with warm weather approaching fast in most of the civilized world, the “little Joe
Stalin POLS” had better watch out, cuz their totalitarian tendencies to want to
control every aspect of your life is quickly spinning out of control, at the same
time more & more people are getting thoroughly pissed off with this quarantine
bullshit … and nowhere are people more pissed than in the U.S. 

Directly below, the “FX VIX MATRIX TABLE” for the current week, followed by FX
pair 20 Day Range MA charts. This week sees the introduction of USDCAD to the
mix.

click on ANY table or chart to enlarge

FX
GBPUSD, EURGBP, USDJPY, & EURUSD


AUDUSD, AUDJPY, GBPNZD, & USDCAD


GBPCHF, GBPAUD, & GBPCAD


PRECIOUS METALS
XAUUSD


XAGUSD


One look at the VIX table, and you can see just how pathetic the scumbag bullion
banks have made both gold & silver … there simply is no way to justify 10%+ “cost
to trade” anything … unless you’re a complete dope and love giving money away,
you just have to walk away and chuckle at their incompetence & hubris in thinking
anybody with a brain is gonna trade this shit under these conditions.

Directly below, the “STOCK INDICES VIX MATRIX TABLE” for the current week,
followed by Index pair 20 Day Range MA charts.


STOCK INDICES
DOW30


SP500


DAX30 & NDX100


IBEX35 & ESTOX50


CAC40, FTSE100, & AUD200


HANG SENG 33 & NIKKEI 225


As we work our way to lower IVIX & VIX readings in the weeks ahead, most of
these indices have become very treacherous in their trading conditions, none
more so than the U.S. indices … don’t overpay to trade, and don’t FOMO and
chase price … show patience & discipline and pick your spots and the market
will reward you … do “stupid shit”, and you know what happens next.

Onto the week at hand … until tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas

















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