WOLVES IN SHEEPS CLOTHING … THESE ARE EVIL MARKETS

 

“I guess inflation is “solved” now, right? … apparently “Stock Bellies” disagree!!”

All you can do is shake your head and wonder what real markets would trade

like … today’s CPI print creating a gigantic clusterfark of pain and agony in the

DOW30, for first shorts, then at the criminal NYSE open it’s time to take the longs

to the cleaners … not a pretty picture, but what do you expect from the world’s

biggest criminals? … these large moves are not only eye watering, they literally

blow the shit out of the order book and skew it forward … and when they’re done,

orders are absent and there’s nothing there … well, besides the pain.

And all of the hoopla over a CPI print that’s mostly bullshit from the math whiz

kids at the Department of Unicorns & Fairy Tales, leads to a massive 1000 point

rally followed by almost a 1000 point decline [so far … could get a lot worse]

… it’s been a very long time since I’ve seen this kind of price destruction off of

“good news”, and quite frankly I can’t remember the last time we saw the

DOW30 UP 1000, then a few hours later down almost 1000 … ho hum, just

another day at the office? … me thinks not.

Looking at the trading algorithm, and the rules set down in the manual, once the

DOW30 opened at 9:30 AM EST, the longer 60 period VIDYA turned “RED”, and

except for a scant few minutes so far, it’s stayed “”RED”, meaning sell pressure

on the longer term VIX structure … and that means shorts on plum turns to

yellow … and BINGO!, BANGO!, BOOM!, those short signals were gold bars

… as I have stated before, taking scalp signals [yellow to plum] when the longer

VIDYA is “RED” is very risky, especially in the “Stock Bellies” and USDJPY

… why? … cuz the red spikes from Hell down are fast and vicious and take away

multiple minutes of gains in seconds … turning things around, I’m only

interested in getting long [anything, FX or “Stock Bellies”] when the longer term

60 period VIDYA is ‘LIME GREEN”, and then the short term 10 PERIOD VIDYA

turns from yellow to plum … stick to these parameters and back the Brinks

truck up

Today’s action in the DOW30 is very disappointing, not cuz I give a crap about

where it goes, but cuz it gives very few if any signals after large moves … today’s

action saw the trading algorithm save our collective donkey, cuz I was waiting

for a turnaround rally after the first couple of dips … dips that kept dipping and

the algorithm NEVER turned to buy mode … and down, down, down it went,

taking longs to the cleaners in very fast order … and if you look at the red spikes

down, many of them came after short rally bursts that died on the vine … minutes

of up action wiped out in seconds … and that’s what happens when 60 period

VIDYA is “RED”, and has a sizeable negative slope.

I’m really surprised at the length and scope of 1) the burst higher in the CPI rally,

and then 2) the ugly “Thelma & Louise” crash that came next … now onto the

FED tomorrow for more bullshit … buckle your seatbelts … No trades today for

the PAMM cuz we got ZERO buy signals once the market opened … yes, I’m

surprised … call me somewhat shocked is more like it

… no worries, onto tomorrow.

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 

-vegas