Another look at the massive Bankster liquidity pumping operation with the capping of the ten year yield at 5% in late October when things began to go seriously awry. Then shortly after came the yield smash with yields being worked lower rapidly back down below 4% to where they are now as they are being capped at the 200 day.
The Bankster index within the same liquidity pumping operation to prevent the crash from occurring
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Exactly the same story with Junk Bonds.
And here is the Dow with the same story.
This is the biggest and widest liquidity pumping operation I've seen and its ongoing as these objects fight to prevent the free market from doing its thing, whether its smashing anything it hates or pumping anything it luvs. In the end the free market will brush these objects aside like a fly getting swatted. With the fear they have then we are close and we have been close for a long time now, and gettin closer by the day.
A weekly on the game with the first two highs being severely Bankstered and the third high being less Bankstered as their ability to attack weakens. We now have a more normal looking correction from the record high which has unquestionably been Bankstered. We'll soon see what these pieces of garbage have got left in the tank.
First number to look for is main resistance/support at $2080.35 with minor support at $2026.745 and another minor resistance at $2133.955 with target at $2187.56. So we shall see.