Viking 🇸🇪🇨🇿🇺🇦🐱 @VikingEW
#ElliottWave Chartist happy to share my counts to help you. Tweeted charts are my own work, but may have been inspired by others. If you like my work please RT vikingwaves.substack.com Joined February 2017-
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#GBPCHF may still have some room left to the upside but I took profit on my longs @ 1.1480 on average, as planned. No need to hunt the last pips, if they are there, better book 200 of them and lean back waiting for next opportunity. End of months mean things can shift swiftly…
#GBPCHF may still have some room left to the upside but I took profit on my longs @ 1.1480 on average, as planned. No need to hunt the last pips, if they are there, better book 200 of them and lean back waiting for next opportunity. End of months mean things can shift swiftly… https://t.co/Nn1b0ydWvO
I think #USDJPY is here and the intervention game probably not over yet. Taking a historic look BOJ tends to hit it twice and I don't see any reason why that wouldn't be the case this time as well. 1 of May, a red day in a dual meaning with low liquidity fits the bill imo. Also,…
I think #USDJPY is here and the intervention game probably not over yet. Taking a historic look BOJ tends to hit it twice and I don't see any reason why that wouldn't be the case this time as well. 1 of May, a red day in a dual meaning with low liquidity fits the bill imo. Also,… https://t.co/niL9CsPVEp
If you don’t see that we are in an embedded wage-price inflationary environment, you’re just not paying attention.
The Employment Cost Index rose by 1.2% in the first quarter of 2024, accelerating from Q4 and beating the market consensus of a 1% growth. Rising ECI = added inflationary pressures 🔹 Employment Cost Index Q1: 1.2% vs. 1.0% est. (0.9% prior)
ECI comes in hotter than expected at 1.2% for the 1q. This has become a very important indicator for the Fed as they think about inflation coming back down to target so a re-acceleration here is not what the doctor ordered. We simply aren't moving toward a place where 2%…
ECI data in a nutshell
@sentdefender People really need to research the ICC & understand what it can and cannot do. It has no legal baring unless as a whole they agree to give someone a sanction or something & even that is just countries wishing to participate. There is no world court that rules us all.
Japan has a long and unsuccessful history of official FX intervention in the Yen. Now is no different. After a brief strengthening, Yen is already falling again. Only way to stabilize Yen is to allow 10-year JGB yield to rise sharply, which is something Japan can't afford to do.
#GOLD The rally starting from the 2000 area in Feb. finally seems to have found a top, but I think just temporary, because it now shows a clear character of subwave (3) of 3, which means it's most likely not over yet. The driving force behind this move is a bit suspisious though…
The $USDollar made a remarkable recovery late last week, after have been "chunked" out during the week. Maybe due to fear of what finally happened today or whatever silly reason the Buck can be sold for these days. Nevertheless, the recovery turned out to be too much to take for…
The $USDollar made a remarkable recovery late last week, after have been "chunked" out during the week. Maybe due to fear of what finally happened today or whatever silly reason the Buck can be sold for these days. Nevertheless, the recovery turned out to be too much to take for… https://t.co/YLTXaAUxNb
Okay, the Euro is not the only one taking it on the cheek as the week takes off colored by the Yen intervention. The CAD is there as well. Well, there all are to larger and smaller degree and this is simply not the moment to draw conclusions from. Looking back to the previous…
Okay, the Euro is not the only one taking it on the cheek as the week takes off colored by the Yen intervention. The CAD is there as well. Well, there all are to larger and smaller degree and this is simply not the moment to draw conclusions from. Looking back to the previous… https://t.co/gjc0Mdc4mR
The Euro seems to be the currency that fares worse of the JPY intervention, at least so far, but maybe this also reflects that the previous 2 weeks wasn't as green as it looks. Honestly, I don't know who been serving up the bid in EUR lately because the signs are anything but…
The Euro seems to be the currency that fares worse of the JPY intervention, at least so far, but maybe this also reflects that the previous 2 weeks wasn't as green as it looks. Honestly, I don't know who been serving up the bid in EUR lately because the signs are anything but… https://t.co/LMs5exgHGZ
Apart from that the structure looks different, the Kiwi aka NZD pretty much is followed suit with the Aussie last week in a similar move. It had a strong green week and closed close to the high and above the previous weeks whole candle. It still has some more work to do though…
Apart from that the structure looks different, the Kiwi aka NZD pretty much is followed suit with the Aussie last week in a similar move. It had a strong green week and closed close to the high and above the previous weeks whole candle. It still has some more work to do though… https://t.co/0aCZAluRwX
Continuing with the weekly basket charts, after Yentervention interruption, I'm now leaning towards changing my mind on the AUD. Still don't feel 100% about it as the structure from the (Y) bottom does look corrective but last weeks strong green candle closing at the high and…
Continuing with the weekly basket charts, after Yentervention interruption, I'm now leaning towards changing my mind on the AUD. Still don't feel 100% about it as the structure from the (Y) bottom does look corrective but last weeks strong green candle closing at the high and… https://t.co/3EoSQhyBtX
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In hindsight this was the ultimate sell signal for $META Zuck looks like a Gen-Z TikTok influencer who just got their first sponsorship 😅
#AUD feels underpriced at current levels Chart below shows a simple AUD index showing the currency still relatively close to 2021 and 2023 lows versus a basket of majors, and positioning is still on the short side as well (looking at net-positioning as a % of open interest)
@Coop_Daniels @MarioNawfal I’m guessing he framed it like this out of suspicion. One take would be, if we can send a rover to mars, build, man, supply and resupply a space station, and cast global scale net of internet providing satellites, why then to we not know what is on the other side of that rock?
@AtlanticCouncil @JasonMBrodsky Understand the world in 2024 ..
MMT is fundamentally flawed and lacks economic validity. It's not just a theory; it's a misguided perspective devoid of substance. It's astonishing how many people consider it credible when, in reality, it's anything but.
MMT also requires: 1. A robust domestic ind'l base (to respond to inflation) 2. Low sovereign debt (so rate hikes to fight inflation don't exacerbate it) 3. Functioning domestic politics (to quickly hike taxes to fight inflation) In 2000, US was 3-for-3; today we're 0-for-3.
Biden hoping Israel and Iran can now de-escalate
ahhhhhhh (I need a timeline cleanse after listening to that for over an hour)
imagine being as smooth as this cat
Bands/musicians I listen to most frequently in order Pink Floyd Grateful Dead Led Zeppelin Who Bowie Springsteen Bob Marley Stones Neil Young CCR Jimi Lynyrd Allmans Doors
@yashar .@coldxman does a great job explaining the myth of the “Gaza Genocide” to @joerogan. Now, could someone please explain it to @SenWarren and the other politicians who are misusing the term in order appease the supporters of terrorists and abandon an American ally.
Not sure what all the eclipse excitement is all about. The sun getting blocked out during the day is a daily occurrence in the UK.
❤️
Love this: A husky was lost in a remote area so people looked for him with drones. They found him hanging out with bears!
@MarioNawfal "We will do nothing, but we will talk about things. Also, what do you guys think of the Ranger's chances at the pennant this year?"
$boden is at a market cap of nearly $500m...all the signs of tight monetary policy
Guys I really can go all day here - don’t encourage me.
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