8/28 Monday Tading levels
1.0875
1.0846
1.0826
1.0799- PP
1.0770
1.0752
1.0723
next to print 1.0826 or 1.0770
1.0875
1.0846
1.0826
1.0799- PP
1.0770
1.0752
1.0723
next to print 1.0826 or 1.0770
3
Disliked30 min trend at 0819, 1h 0829. The larger levels the week closed below are near. Starting with 0827 35 41 78. The 5 min bull trend at 0809, 15 min at 0796.Ignored
Disliked{quote} GB holiday. I think the 4h + needs to close below 0776. If correct, 0805.95 may start to have a role. {image}Ignored
DislikedThe mother of bubbles in China. Who would of thunk? Often in bad historical economic times. A king will start a war. To make the peasants rally around the flag. A sacrifice has to be made. Some group of people will be the wolf. The king will say "its the wolf's fault, we need to kill the wolf". The king always does this to keep power. In modern times we have populist. https://www.bloomberg.com/news/artic...ping#xj4y7vzkgIgnored
Disliked{quote} It won't help them if they do. China is done. They won't recover.Ignored
DislikedAnother thing that isn't fully realized yet is that China is utterly and completely dependent on globalization. Globalization is utter and completely dependent on the US patrolling the oceans to protect shipping. We are winding that down. At some point it will stop altogether. Both republicans and democrats are moving that way. China can't survive that.Ignored
DislikedH1 downtrend stop at 1.0829 M15 uptrend stop at 1.0796 One of the stops has to give up for the trend to continue,,,...Ignored
Disliked{quote} I'm hoping it moves after this current h closes. With London closed it may not. 0771 could be average, ADR lower end, at 0746 atm.. upper end 0864. Since its below 0827 35 41. I have to side with lower end adr. Plus it be attracted to 0771. 0771 being below 0776, may trigger a drop. 0776 may/could become resistance. {image}Ignored