Markets Set To Roll Over – All Things Say Yes

We are very close here folks.

Aside from the currencies, nearly every other thing I track / read / research suggests that this may not only be a strong area for “correction” – but the start of something much larger.

There has rarely ( if ever ) been a time in history when as many separate indicators / charts / graphs and info has been “this skewed” to suggest such divergence and risk of serious “downside action in global appetite for risk”.

Considering the current geopolitical backdrop and with U.S Equities still “clinging” to the highs, personally – I don’t see a blow off top scenario. To whatever degree that retail investors have “taken the bait” over the past 7 months….I believe they are “already in”.

The situation with Ukraine really only being the tip of the iceberg now as Putin’s “Gazprom” now announces “massive oil deal with China” again…bypassing the U.S Dollar in trade. These are tremendous blows to the U.S system, and make clear The U.S “true intension” in Eastern Europe.

They must save the U.S Dollar as world reserve currency – and will stage a war to do so.

The Nikkei rolled over a couple of days ago, USD looks set to plunge along with equities, and the entire currency market has more or less moved “risk off”, with USD/JPY “not breaking out”, falling back into range and expected to fall further.

The real-time trades in currencies, gold and silver as well U.S Equities, weekly reporting and daily commentary  can be found at the members site: Forex Trading With Kong.

4 Responses

  1. Freddo August 28, 2014 / 7:05 am

    Yeah looks like today or tomorrow is day to short,
    but recall when you shorted SP500 at 1940?! Uggg

    • Forex Kong August 28, 2014 / 7:10 am

      Did great on the last SP short as I will on this one as well.

      I’ve initiated starter positions “short risk” via currencies but haven’t touched equites yet.

      A million ways to take advantage of the “much larger / faster ” moves to the downside. Millions.

      No need to rush.

      You don’t catch the real time stuff here at the public blog….the SP puts (legged into) did great.

      As will the next “set”.

  2. Anonymous August 29, 2014 / 1:31 pm

    “They must save the U.S Dollar as world reserve currency – and will stage a war to do so.” Your so emotional, just like a woman. What a putz.

    • Forex Kong August 29, 2014 / 2:04 pm

      Ha…

      Maybe you should try to broaden your horizons and do a bit of reading outside the rags you get at your local newstand.

      You think the efforts are “humanitarian based”?

      Well….how bout the 10’s of 1000’s of Americans ( Detriot maybe??) in need of help?

      I guess The U.S can spend 10’s of millions to save 20 Iraqui’s from a mountain top, but won’t do shit for their own people at home.

      Ya…..the world’s reserve / petro dollar has nothing to do with it….not very important at all.

      Gees…..open your eyes. This is “forex” clown – not an episode of “Morning America”.

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