Commodity prices for products such as petroleum, grains, lumber, etc. are affecting stock markets just as they did during the first quarter of 2008. The Dow is moving into a volatile time frame that is similar to what occurred between February 1, 2008 and March 10, 2008. Engrbytrade™ Dow calculations now show a move up to 34,600 between April 15, 2022 and April 25, 2022. After moving through this time frame, a significant decline is expected for the remainder of the year.
Crude Oil: Watch Aramco
Aramco has a history of implementing very large transactions prior to major market moves. In March 2008 Aramco sold their stake in Ashmore. Two months later the stock market peaked and started to fall for the remainder of 2008. On December 11, 2019, Aramco shares started trading with its initial public offering. Two months later the stock market peaked and collapsed in February and March of 2020. On February 13, 2022 Saudi Arabia transferred Aramco shares worth $80 billion to the state’s sovereign wealth fund. Following this trend would mean that a stock market peak in mid-April 2022 would be expected prior to a significant decline in 2022.
March 18, 2008
Aramco sells Petron stake to Ashmore for $550 mln
December 6, 2019
Saudi Aramco shares to start trading December 11: Tadawul exchange
February 13, 2022
Saudi Arabia transfers Aramco shares worth $80 bln to state fund
Crude Oil: Parabolic Move
The pullback in crude oil noted on February 15, 2022 hit 89.06 in overnight trading on February 18, 2022 and moved up to 111.47 in last night’s trading session. Structural calculations indicate a parabolic move up to 149.98 (+/- 1 %) is expected prior to a sharp decline.
Dow: 2007 Structure
Chart courtesy of StockCharts.com.
It appears that algorithms have been set to repeat a move similar to what occurred between August 17, 2007 and October 11, 2007. This is a perfect opportunity for Market Makers to accumulate inventory as fear on the street drives retail investors to sell to anyone who will buy.
Interest Rates: October 2018
Futures market structural calculations indicate a decline of the 10-Yr Note interest rate is expected in March 2022. This move will be similar to what occurred in October 2018 and reach 1.78. Then a final move upward will take this interest rate to 2.06 before making a significant decline.
Gold: Decline Expected
Gold spiked on February 24, 2022 with a high of 1974.04 leaving a long upper shadow candlestick formation. Intermarket futures trading data and structural calculations indicate gold is in the process of starting a decline that is expected to be similar to that of April 11, 2018 to August 16, 2018. Preliminary calculations show a drop to 1399 is expected.
Dow: Stock Buybacks
Goldman Sach’s buyback comment appears to contradict what traders would expected with the current situation in Europe. Apparently Goldman is aware that the proposed SWIFT suspension is meaningless. This means engrbytrade™ Dow calculations are correct to show a move up to 35,606 as corporations continue to buy back their stock.
Two examples of corporations announcing stock buybacks.
Twitter Board OK’s New $4 Billion Stock Buyback
Exxon Mobil’s Announced Stock Buyback
Silver: Decline Starting
Chart courtesy of StockCharts.com.
Based on intermarket futures trading data and structural calculations, silver is starting a decline that is expected to be similar to the decline between June 14, 2018 and September 11, 2018. Preliminary calculations show a drop to 19.18 is expected.
Dow: First Move Up
Preliminary structural calculations indicate the first move up will reach 35,606.
Dow: Overnight Low
The Dow hit a low of 32,168 in the overnight futures market. This low is within the 32,018 +/- 1% range noted on February 23, 2022. Daily engrbytrade™ Dow calculations and preliminary structural data indicate Market Makers will initiate a move towards 38,000.
Dow: Month End Liquidation
Structural calculations indicate a sharp decline (liquidation) is expected going into the end of this month. A decline to 32,018 (+/- 1%) is still expected before moving higher.
Dow: Structural Update
Based on engrbytrade™ Dow structural calculation updates, the decline is now expected to reach 32,018 (+/- 1%) before moving higher.
Economy: Collapse Is Inevitable
Covid Investigative Committee
Grand Jury Proceeding: Day 5
Economical & Financial Destruction
https://gettr.com/streaming/pvr11i8098
Destruction of the economy (Technocracy)
27:02 to 1:49:00
Patrick Wood
Economist & Author
Controlled Demolition of the Political and Economic System
1:49:00 to 2:59:34
Leslie Manookian
Former Investment Banker
Financial Destruction
3:05:59 to 3:54:55
Bjorn Pirwitz
Lawyer and Finance Expert from Germany
Financial Destruction (Part II)
3:55:00 to 4:40:00
Dr. Christian Kreiss
Professor of Economics & Former Investment Banker, Germany
U.S. Dollar: Currency Moves
U.S. Dollar intermarket futures trading data calculations indicate currency traders are expected to move from the Australian Dollar and Canadian Dollar into the U.S. Dollar in a way that is similar to what occurred between December 4, 2018 and December 24, 2018. Since the Dow and S&P500 are expected to move lower this month, steady selling of very large blocks of stock will drive interest rates lower.
Dow: Decline Continues
Daily engrbytrade™ Dow calculations indicate a decline will continue. Structural calculations show algorithms are in the process of repeating a one hour futures chart structure similar to what was developed between December 7, 2018 and December 24, 2018. Preliminary calculations indicate a decline to 28,225 (+/- 2%) is expected.
Dow: 2018 Decline Structure
Daily engrbytrade™ Dow calculations continue to indicate a decline is expected with a move down to 34,081 (+/- 0.5%) to fill a gap in the 5 minute futures chart created on January 28, 2022. Calculations also indicate there is a 60% chance of a decline starting this week that will be similar to what occurred in the one hour futures chart between December 7, 2018 and December 24, 2018.
Crude Oil: Pullback
Chart courtesy of StockCharts.com.
Crude oil continues to develop a broadening structure (shown above) similar to what was developed between September 14, 2009 and January 3, 2011. Structural calculations indicate a pullback down to 85.42 is expected prior to moving up to 110.63 (+/- 2%)
Dow: Repeating 2018
Stock chart courtesy of StockCharts.com.
Intermarket Futures trading data and daily calculations indicate a decline is expected and there is a 30% chance that the January 4, 2022 to February 14, 2022 Dow structure is in the process of repeating the October 3, 2018 to December 4, 2018 structure, as shown above.
Dow: Limited Decline
Daily engrbytrade™ Dow calculations and Market Maker block trades indicate algorithms will initiate a limited decline similar to what occurred between December 16, 2021 and December 20, 2021. This decline is expected to move the Dow down to 34,081 (+/- 0.5%). It will also fill a gap in the 5 minute futures chart created on January 28, 2022.
Crude Oil: Aramco Public Listing
Revised intermarket WTI futures trading data calculations show an upcoming move similar to what occurred between December 20, 2010 and April 4, 2011. If the proposed second Aramco listing is issued, a stock market decline can be expected.
Feb 7, 2022
Now is ‘perfect time’ for a second Saudi Aramco public listing, former executive says
A stock market decline started in February 2020 following the initial trading of Aramco shares in mid-December 2019.
December 11, 2019
Saudi Aramco shares surge 10% as historic IPO begins trading
Dow/S&P500: $3 Trillion Loss
On January 24, 2022, it was reported that global stock selloff losses were near $3 trillion. It should be noted that part of this stock (inventory) moved from institutional customers, such as pension funds and large trading firms, to the accounts of NYSE Designated Market Makers (DMM) and Supplemental Liquidity Providing Firms (SLP-Prop / SLMM). In the coming weeks part of the inventory accumulated by the DMM and SLP firms will be sold to corporations who are initiating corporate buyback programs. This buyback process will run until March 14, 2022. As corporate buyback programs progress, DMMs and SLP firms will raise prices of their inventory and institutions, large trading firms, retail investors, etc., will start buying. When DMMs and SLP inventories are depleted they have the option to sell short. During the next decline DMMs and SLP firms will cover their short positions while buying stock (inventory) from institutions and large trading firms at a lower price. This process of inventory control was explained in Richard Ney’s books published between 1970 and 1975. The following document provides some insight to the process as well. On page 10 it states that Market Makers must track their inventory to ensure they are not taking undue risk or encroaching on capital limits.
Crude Oil: 2009-2011
Stock chart courtesy of StockCharts.com.
Changes within Crude Oil intermarket futures trading data indicate WTI is being manipulated to develop a broadening structure (shown above). This is similar to what was developed between September 14, 2009 and January 3, 2011. If WTI moves above the upper trend line, then a price of $134 would be expected before moving lower.
Bitcoin: 50% Retracement
Engrbytrade™ bitcoin daily calculations and intermarket futures trading data indicate bitcoin is expected to move higher over the next two months. Preliminary data shows a 50% retracement to 50,850.
Dow: Broadening Formation
Chart courtesy of StockCharts.com.
Between July 19, 2021 and January 24, 2022 Market Makers created a small scale version of the broadening formation developed between April 2, 2018 and March 23, 2020. Based Market Maker’s accumulation of very large blocks between January 24, 2022 and January 28, 2022 the current 2021-2022 broadening formation structure indicates a move toward the 38,000 range is in progress.
Dow: 35,520 Gap
Today, the Dow opened at 35,520.08 creating a gap with the previous day’s close. This is similar to what occurred on Monday, January 18, 2022 when a gap in the Dow was created with an opening of 35,661.76. Prior to the markets opening on the morning of January 18th a gap in the overnight 5 minute futures chart was also created between 35,671.00 and 35,659.00 and has not been filled. It is expected that the Dow will fill the futures market gap created on January 18, 2022 and the gap created today prior to moving lower.