Traders, There is one line that I am especially focused on right now. Many of you, my followers, are already familiar with what this line is. In this video, I discuss the 25,200 level, why it is important, and what happens if this level of support breaks. Stew ⛓️ ? Useful Links ? ⛓️ My site: https://stewdam.us My Twitter: https://twitter.com/stewdamus My Telegram: https://t.me/stewdamus My 10k Portfolio: https://dropstab.com/p/stewdamus10k-portfolio-9tqk00rtld All my socials: https://stewdam.us/p/social-media My Spreadsheet Trade Tracker: https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit#gid=447207772 ... https://www.youtube.com/watch?v=zbiKrVBx9O0

Traders, In this weekend's video, I am continuing my cautionary tale. You'll remember in my last video that I went all contrarian on you regarding the Bitcoin ETF approvals. I was not necessarily bearish. But I am not necessarily bullish either. I am only observing some indications on the charts that warrant caution. And thus, I stated that we need to be prepared to expect the unexpected. We could be at a mid-cycle top and the whole ETF approval thing could be a sell the news event. Altcoins, now seem to be backing that hypothesis as major support levels are being broken all around. We'll take a look at what I am observing on these charts. ⛓️ ? Useful Links ? ⛓️ Last Video Referenced: https://youtu.be/btzje6Nn0Pg?si=Idh5whO6oeMDQrYn My site: https://stewdam.us My Twitter: https://twitter.com/stewdamus My Telegram: https://t.me/stewdamus My 10k Portfolio: https://dropstab.com/p/stewdamus10k-portfolio-9tqk00rtld All my socials: https://stewdam.us/p/social-media My Spreadsheet Trade Tracker: https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit#gid=447207772 ... https://www.youtube.com/watch?v=0lmu4DziDl4

#sanctions #russia #ukraine #peacenotwar #nowar - Sanctions, led by the U.S. in hopes of punishing Russian aggression may NOT have the impact the U.S. is hoping for? Could they actually backfire? - Saudi Arabia rejects Biden's request for talks on increasing oil production and instead announces that they are considering accepting Yuan instead of dollars for Chinese Oil sales (WSJ (http://wsj.com/articles/saudi-arabia-considers-accepting-yuan-instead-of-dollars-for-chinese-oil-sales-11647351541) - India's move to "explore" alternative payment channels with Russia to avoid sanctions (https://www.livemint.com/politics/policy/russia-india-explore-opening-alternative-payment-channels-amid-sanctions-11647371750761.html) - With official inflation numbers running at 8% and climbing the Federal Reserve is being forced to raise interest rates for the first time since 2018 (https://www.chron.com/business/article/Fed-Approves-First-Interest-Rate-Hike-Since-2018-17008947.php). Multiple rate hikes are projected. The last time rates were raised markets crashed and the Fed quickly reversed course. This leads many to say that the Fed won't really raise rates as much as projected, because the market won't let them, but what these people don't seem to get is that in order to finance the U.S. national debt, new debt has to be sold every year. As inflation rises countries like Saudi Arabia become more and more inclined to invest in assets that show a return or at least hold their value. This means that unless you raise the rates to a level that offsets inflation many investors will move elsewhere and you won't be able to take on new debt. Central banks are cornered. Once they start raising rates government budgets will quickly hit a wall as interest payments on existing debt become unmanageable. - This may devastate the dollar along with the U.S. economy, but it may be great for crypto My socials: - https://www.stewdam.us/p/social-media ... https://www.youtube.com/watch?v=zutir3Z-8zQ

Traders, It looks as if the dollar, vix, and precious metals/commodities will continue to trend up, stocks will continue to pull back. Bitcoin is tenuous. But it is possible that altcoins have reached their low, though that low may be retested soon. We'll discuss these subjects in this weekly update. Stew ⛓️ ? Useful Links ? ⛓️ My site: http://stewdam.us My Twitter: https://twitter.com/stewdamus My Telegram: https://t.me/stewdamus All my socials: http://stewdam.us/p/social-media ... https://www.youtube.com/watch?v=CZaYOMmWEYE