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TLDR : Swiss Franc Disaster of 50bps surprise hike + Uk hike 50bps Respected Traders and Investors, I am sorry guys. I fucked up, but I also kinda didn’t. You see, in our WallStreet Newletter 1-7 we have been predicting the flow of markets very flawlessly. We have predicted – DXY moves to $100 or above. It will go to $120 due to “Wyckoff accumulation” of 20yrs. ( Fingers crossed ) – We predicted the housing bubble, – We predicted the range to sell and buy bonds way back in the start of the year. May 15 – June 15. and so many more things from commodites and chinese stocks etc. So why did my call go wrong that we will rally post-FOMC. Guys, I am rarely ever wrong. Stock are falling like cards. Reason below Here’s what I said in my last letter. ( In short : June bottom , July and August green monthly candles ) Case 1 : If we get exp 75bps and get 50bps in FOMC, we will rally up. Bottom will be a day before FOMC. Case 2 : If we get 75bps we will go sideways and make bottom in the last week of June. But then JP Morgan just came before FOMC ( I tweeted about this change ) said in their statement that. Case 1 : If we get 75bps, the markets will rally. ( Sell the rumor. Buy the news ) Case 2 : If we get 50bps, we fall because Fed will be so far behind in fighting inflation. And if we get 100bps markets will fall further because the puts or shorts wont go off the markets and more people will buy them. So I was more than happy after this statement. And I felt super bullish after the Jackson Hole conference because Powell assured me this 75bps was so huge he wouldn’t do it again. ( I doubt it rug pull will come in Q4 and his fantasy economic projection. Loved his rough notes, though. xD ) So the markets rallied yesterday. At one point it reached 10% in TQQQ, just like May FOMC 50bps hike. But then today, at one point, we were positive in futures. But then something happened in European session while I was watching everything unfold like a hawk.( I dont sleep because of you guys and I had to keep my promise ) White line : Swiss Franc 50 hike Three news came about today : – Gasprom ban on Germans. 40% reduction of gas supply and 10% for Italy. – Swiss France surprise hike 50bps – BOE hiked 50bps. Out of 3, this Swiss Franc was an anomaly. No one was expecting it. They have inflation of about 2-3% and they are hiking 50bps. I think they are kinda luring investors and want to make their currency super strong so that more corrupt people, or should I say politicians deposit their money with them. ( Should’ve bought that Goat farm with TK and Lisa at World economic forum ) Some are saying this was planned by the IMF ( Illuminatis and IMF sleep together ) to pump markets yesterday and dump markets today to those who bought the dip. But I think, guys, this was something else. Check out the series of photos down below. Now i think they are selling their position after Q1- 13F filings So imo, two things must have happened. a) Either someoone speculated they were selling, hence they shorted the market today, or sold some of their positions after a rate hike. Or the Swiss themselves are selling. Ans will be in 13-F whenever it comes. b) Am I just wrong. The economy is so fucked up that we cannot have a proper rally due to weak consumer sentiment and we are heading to great depression. -89% in Dow jones. The worst case. So its up to you guys to still have your trust in me that July August will be green or you can quit your trade and take like -1% to -5% loss. Because we are predicting that after September to February 2022 we are going to have devastating multiple capitulation candles because of Fed volcker shock. Some are speculating it could be after mid terms. Lets see. And hence don’t forget our longer term goal is something b/w Forgotten depression of 1921 to Greater depression of 1929. Thank you guys for reading this. Hope you liked my short post after FOMC. I will not go into great detail about it this week because i am preparing something new and fresh for you guys. But i am still holding on to my swing trade theory for 2022. I promised I would not flip flop. So July – August will be green. Keep believing like a self-fulfilling prophecy. With lots of love. Thank you Regards Uchiha ( Sorry if this post feels rushed and lacking in quality ) submitted by /u/DesmondMilesDant to r/wallstreetbets |