$SUI
SUI got the second most requests
While it's not my favorite chart because of that massive 3 waved move to the upside
Here is how I'd watch for it to develop
We got a decent micro impulse off the low on divergence
We're seeing a pretty corrective looking retrace so we must see it hold that white level for wave 2
I wouldn't call it an A+ setup but it's not bad
The next big key is breaking that red trendline
The trick is break above it into that immediate resistance level for the 1 of 3
Backtest the red trendline for 2 of 3
That holds, we send for 3 of 3
It's got a lot of work to do but if/when it breaks that resistance level it's likely to carry into 1.7ish
$SUI Bullish Wave 3 on the verge of confirmation
Last update, SUI was sitting just above our $0.67 white entry level and the roadmap was pretty simple
Tap our level → Hold the low → build an impulse → break the red trendline → backtest it → send
Since then we're up 20% off that level and the micro is developing almost exactly how we wanted
We’ve got a nice impulse forming off the low and we’re now testing that red trendline
I think we may still need one last little 5th higher to cleanly break it
Then comes the important part:
Don’t chase the breakout
I want to see the 3 wave retrace back into support and ideally a clean backtest of that trendline
If that holds, then we potentially have the 3 of 3 / 3 of C setting up
The juicy part of the move
This is exactly why I keep saying a chart looking close isn’t the same thing as a chart being ready
We waited for the level
We got the reaction
Now we wait for the structure to confirm
Break → backtest → hold → send
This is the type of setup people ignore while it’s developing, then FOMO into after the move is already obvious
Don’t be that guy
SUI is officially getting interesting
Previous roadmap threaded
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Gm
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Lock in
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For those who haven't stopped believing, good things ahead
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Try holding through a -50% dump with conviction. That’s where legends are made
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If the election outcome is as I expected, it should cause the large minority of the country who supported @KamalaHarris and predicted her victory to begin to question their sources of truth.
Half the country has believed that @X is filled with mis- and disinformation, and that they could only therefore rely on The NY Times, MSNBC, CNN and other mainstream media for their news. And they did.
If, however, you have been active on @X for the last year, you have known the truth days, weeks and often months before the facts appear in the MSM.
The MSM excerpted, clipped and cut to defame @realDonaldTrump while claiming that @JoeBiden was fit as a fiddle. Then when Biden’s polls collapsed, @KamalaHarris was anointed the candidate and her hagiography was written with glowing acclaim from the press. But this could not hold as she ducked the media and held fast to the teleprompter.
Citizen journalists with their phone cameras in hand captured the real Kamala forcing her to defend her record and her plans in more media appearances. It did not go well and the public demanded to learn more so @KamalaHarris had to risk more unscripted media.
The doom loop was underway with perhaps 60 Minutes as one of the more dramatic examples, even after CBS tried to save her, most glaringly by excerpting one answer to replace a word salad response to another. But the citizen journalists on @X quickly caught and outed this fraud and demanded a transcript.
As many who supported Kamala began to realize that they have been misled, they became open to Trump as an alternative, but they didn’t want to rely on the media to understand him because they did not want to be misled again.
They wanted to hear the candidate in his own words and that is where @lexfridman and @joeroganhq long form podcasts came to the rescue. When Kamala was offered the same opportunities to explain herself, she rejected them. And the voting public could only draw a negative inference.
When the story of this election is written, I expect it will be as much about how half of America woke up to the reality that they have been manipulated by the media. This should lead to an abandonment by many of the MSM as their primary source of information. It will push more people to @X, to podcasts and other empirical sources, and it will lead to a more informed public.
The other outcome I hope happens is the implosion of the Democratic Party. The Party lied to the American people about the cognitive health and fitness of the president. It prevented, threatened, litigated and otherwise eliminated the ability of other candidates for the primary to compete, to get on ballots, and to even participate in a debate. The Party and the administration used lawfare in an attempt to imprison, bankrupt or otherwise kill off Trump as a candidate. These acts are collectively grave threats to our democracy. With the highest irony in order to hide these acts, the Party accused the opposition candidate of being the grave threat to democracy.
The Democratic Party proved itself to be fundamentally undemocratic. It needs a complete reboot. The leadership should be thrown out and those responsible should apologize to the American people.
Honest Abe said it best:
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
I believe that @realDonaldTrump will win in a decisive victory and potentially a landslide Electoral College outcome tomorrow. I could of course be totally wrong, but that helps elevate an important point.
Approximately half the country will be unhappy about the election outcome, potentially devastatingly so. In this context, I think it is important to remember that we are one country, and we will survive whoever is our next president.
What we must avoid, however, is a world where our fellow citizens who are disappointed raise hell or otherwise revolt about the outcome. The peaceful transfer of power is a critical feature of our democracy that must be maintained for us to succeed.
The system is stronger than any one candidate. We will thrive long term no matter the outcome of this election because the system will heal itself. That’s been a feature of our democracy for nearly 250 years and I expect it to continue.
Let’s therefore be civil and accept the collective will of our democratic process. We have many enemies that want internecine battles in America to weaken us. We cannot let this happen. The world is a dangerous place and we need to be unified to protect our country and our children.
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Replying to @ericwallerstein
It’s so funny you mention this. My entire career, having an edge in macro meant finding downside risks others are not aware of.
This cycle it’s navigating doomers views and finding optimism they refuse to see.



































