Thread by @HenrikZeberg

Guiding principles for my analysis:
1) Cross-Market-Analysis is MUST to understand real direction of market
2) LT-perspectives sets GUIDING direction
3) Economy either INFLATES or DEFLATES
4) Billions of transactions create patterns, which can be READ
Stay tuned for #HZupdates!

Key Messages from coming tweets: The economy is not facing #inflation - or #Stagflation for the coming 6-9 months. It is facing #Deflation which will be BEARISH for #Commodities and #PM - and BULLISH #USD #HZupdates

First - observe #Commodities #CRB! Clear sideways consolidation since 2015/16. This is a CONTINUATION pattern - cont. trend from 2011. Cannot be bottom! Hence, #CRB is about to embark on another decline after a false break in wave "e". Economy is DEFLATING! #HZupdates

Observe #Wheat. Again, a clear CORRECTIONAL move since 2015/16 - last bounce in a Ending Diagonal - aligned with the perspectives from #CRB. This is BEARISH for #wheat. Economy is about to DEFLATE! #HZupdates

Australia is rich on #Commodities and trades with South East Asia and China. This is the main reason for the "role" as #InflationGauge for #AUDUSD. Declining AUDUSD = Deflationary pressures - and vice versa #HZupdates

#AUDUSD is VERY BEARISH on LT-perspective. The current bounce is not a bottom - bot short term pause as it moves through support 2009-10 and 2004/05. Economy is DEFLATING

Zooming in on #AUDUSD. Bounce since Sept. is a CORRETIONAL move - not main trend! May move a bit higher - but entire move will be retraced as all corrections are. BEARISH for inflation --> Deflationary

#Commodities and #USD move in opposite directions. So - as #Commodities show NO sign of bottoming....how does #USD look? #HZupdates

Well - let's start at the ST perspective. #DXY is not crashing (Please - Bears!!) - but correcting in a #Ending Diagonal. 5 waves - and rally above trendline, where it has consolidated on Friday. Bearish? Hardly!! In fact, I say, #DXY has bottomed! #HZupdates

On Weekly, #DXY looks extremely BULLISH! Sideways consolidation in wave B (cirle) - but irregular correction - where (C) does not surpass (A) is not a place to go short! The move up has started! Next move will be explosive to the upside! #HZupdates

Observe, how we have divergence on Daily chart for #DXY - both for tops and bottoms. This is NOT what a #USD Bear would like to see!!

And for the entire picture for #DXY (Monthly chart).... This is NOT BEARISH! For the #Bears - I have marked the current "crash" in #USD #DXY in yellow 🙄. My take is.... very soon #USD #DXY will rally fast and strong - and leave no question behind! Up, up and away #HZupdates

So - let's look at the component of #DXY. #USDJPY anybody looking at this - and getting a bearish feeling.... well! This is an extremely BULLISH pattern - and it is breaking up through the resistance #HZupdates

#GBPUSD looks very BEARISH as well! NOBODY can tell me, that the bottom in 2016 was THE bottom (which would be required for an inflation trade). In fact, I see another sharp drop in Ending Diagonal #HZupdates

Looking at a major component of #DXY --> #EURUSD we get another ST BEARISH picture. Nobody can tell me, that current bounce since Sept is a main trend. It is clearly CORRECTIONAL - and may (or may not ) have topped. Either way - it will be retraced 100% and way more! #HZupdates

Looking at weekly chart.... we then get a very BEARISH picture. The current decline could in fact be the beginning of the CRASH wave (wave 3 of wave C black). Not what the many(!) EUR bulls are expecting....#HZupdates

So - #DXY #USD is about to strengthen and rally hard (Sorry Bears!). What does this mean to #PM #Gold and #Silver?

Let's start with #Silver. Please Bulls explain me, why it is not possible to see retest on 2008. EW says, that we have W wave from 2011-12 and 2012-13 for wave X before the longer wave Y - which is an abc-pattern touching bottom from 2008. Bottom in 2015?? Forget it!! #HZupdates

Honestly - I really struggle to understand how SO many analysts, investors, hedge funds etc. are fooled by this.....! Bottom is not in for PM! 2015-2020 was a bounce! #HZupdates

So - for #Gold - yes yes - I know - CBs printing like insane - and Fiat currencies are going to zero.... but NOT YET! We are still to see the last DEFLATIONARY drop. Why? Because the TECHNICAL says so! Forget your partial fundamental analyses!

#Gold will drop - and drop a lot. 800-890 before bottom! Excuse me - but from EW perspective.... this is as clear as the day! 👍This week, Gold turned right in my area ~1590ish called this Summer #HZupdates

All for this evening! Deflation - before Stagflation! Over . and Out!!👍 #HZupdates