thecryer

US30 (Log Chart)

Long
thecryer Updated   
OANDA:US30USD   US Wall St 30
- firstly i want to explain what is US30, you can google it :

- US30 is a stock market index designed to measure the performance of 30 large industrial companies based on the average stock price of the components "during a specified period".

- So basically...when u have a Top30, if one company fail, this company is replaced by number 31.
- it's same in football or tennis, if you are in the top30 and u fail to win, you lose your rank and down to 31 right? Then u are not in Top30 anymore ?
- So you are replaced in the Top30 list (but sport is not a Ponzi, it's a real effort to be on the Top of the chain).

- Just made this text to explain how a big Ponzi works.
- Companies in US30 are not Ponzi because they work hard to stay in the Top30.
- but in matter of " Efforts", if you have the power to create your own money, you can do everything, and also buy your own stocks.
- Hope u get it.

- So when i read some peoples speak Bitcoin is a Ponzi, it makes me smile.
- it's clear that they didn't read at all Satoshi's White paper, or they are hypocritical.
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- Thirteen years ago today, Satoshi released the Bitcoin genesis block - block 0.
- Embedded in it was a quote, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".
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To be a precursor, you need to know the future, Satoshi knew the future.
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- So let's back to the chart :

- from 2009 to 2020. 11 years. DowJones was just perma bullish all the time with some small ridiculous dips.

- you can see how US30 Reacted during Covid worst pandemic situation in the world.
- after a fast dip in 2020 caused by Covid news.
- US30 went up for 672 days ( annotated in chart ) during a 2 years frustrating and painful lockdown.
- so it means those Top30 companies weren't affected by this pandemic situation.
- Really Weird.

- Actually imho, i think they were just preparing the actual dip, but this is just my own view.

- honestly, i just hope my US30 analysis fails.
- it would means that this time, governments are starting to be honest.

Happy Tr4Ding !



Comment:
so my last BTC analysis is based on that kind of scheme because most everything is linked. if i fail on US30 Analyze. i would also fail on BTC forecast.

Comment:
got it ?
Comment:
The Inverse Relationship between the Dollar and Stocks.

www.tradingview.com/...US-Dollar-Index-DXY/
Trade active:
aged well
Comment:
- Remember anyone knows the way but you can learn and share your knowledge.

- if you want to master something, Teach it.
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