Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Monday, May 23, 2016

The Calm Before The Shitting Of Bricks

Skynet knows what's coming next...volume today is 50% of 90 day average...

Support and resistance that narrows on the way in, widens on the way out...

The last levitation trick: Volatility compression

It doesn't always seem to work, mind you...

Oil's backtest failed. Shocker.

Overnight risk is back
JPY

Which gets us to gap 'n trap: