[Music] [Applause] [Music] warning this video and all other videos on this channel for entertainment purposes only the content of this video and all other videos on this channel are the opinions of the Creator only and do not constitute legal trading investment or financial advice of any kind investing car a high level of risk and the majority of retail clients lose money do not invest in capital unless you understand the risk and you are prepared to lose it all all right hello and welcome to camel Finance first things first it is Valentine's Day today okay so
since we know this is an absolute sausage fest with 96% of you being men I promised I'd remind you on Friday just in case you need to pop into gas station and get some flowers I saw a lot of people laughing about gas station flowers I don't know if this is a thing that is exclusive to the UK but in the UK our petrol stations sell flowers so you can you can always pop in and grab yourself a bunch from there anyway as promised I've reminded you I'm pleased to say that when I mentioned this
earlier on in the week many of you were grateful to have been reminded and are taking action so good lads all right good lads let's do the right thing today is Friday the week has gone really really quickly for me I don't know about you guys and and we are still happy days right we're still setting up these trades everything still seems to be going according to plan so we love that today I'm going to spend a little bit of time addressing the dollar because yesterday Without Really meaning to I spent quite a lot of
time on the Dixie and gave you my assessment of the Dixie and how I'm seeing the charts at the moment and really just the passion came out right I intended to spend two minutes I ended up being closer to 10 and that's just CU I get passionate about these things sometimes right and as it turns out quite a lot of people had a bunch of questions and the same sorts of questions come up repeatedly so I thought we would address those questions just to kind of help people understand a little bit more about the dollar
and how I can be calling for things like a higher dollar with higher Bitcoin prices for example then we're going to point in a couple of bits of fud that just so happened to be showing up right as we know that Weekly cycle low flush is due for Bitcoin and then heading into next week so long as we don't get any kind of crazy breakouts or Price games played over the weekend then as we go into next week we should be pretty much ready to rock and rooll so happy days it's nice when things play
out it's nice when the Cycles are respected they are respected more often than not most of the time but from time to time we have to deal with a bit of a problem child I'm happy to say so far we don't seem to have that situation which is very very nice so let's get into today so yesterday as I said we spent quite a bit of time going over the dollar and people were asking things like how can the dollar go up with everything else okay first of all this is very easy to see it
has been happening right it doesn't take a genius to look at this chart and say well is this going up this is the Dixie going up since when since about September okay so how is it that we can have the dollar going up with things like gold going up for example but when we go back to September where's September all the way back here somewhere okay it's pretty easy to see gold has been going up with the dollar well what about I don't know the stock market we go back to September where's September somewhere in
here okay and it's pretty easy to see the stock market has been going up at the same time the Dollar's been going up the same is true of Bitcoin by the way September's back here right even all the way back here in fact so whilst we had the dollar running we also had Bitcoin put in something akin to a 50% rally and all the way to the top was closer to 75% so to say things like how can you be calling for a higher dollar with higher Bitcoin just simply means you didn't look for yourself
right I understand most of the time if we say broadly speaking the dollar and risk or the dollar and gold or the dollar and Bitcoin move inverse to each other we'd be right okay broadly speaking when the Dollar's going down we tend to see risk rallying and the inverse is true but just like how I was pointing at the woff assessment yesterday and saying things like if you ever see somebody just talking about wof and they're not doing the volume profile as well then that's bad practice right they don't really know what they're doing they're
unqualified to be presenting the information they are presenting the same is true of any kind of influencer or Trader out there that parrots this idea that they are onetoone correlated the dollar for example and gold okay you can have moments in time when gold or Bitcoin or the stocks run and so does the dollar and like I said it doesn't take a genius to pull up a chart here and say Well since September the dollar has been ripping to the upside but so is everything else so again broadly speaking yes the dollar and everything else
tends to move inversely to each other but keep in mind it's is not a one: one ratio the next thing we got to address is the smart Alex that after I pointed out that we should not be showing woff assessments without a volume profile I then went onto the dollar and zoomed out a bit and said yep we've got all of this going on and I grabbed my pen and I went including this whole woff accumulation spring sign of strength looking for emergence to phase e and there was a few people that couldn't resist they
were saying camel you didn't match the volume profile you're right I didn't this time but if you've been here before we checked we verified okay we did the work we put in the effort and we know for a fact the volume profile matches perfectly for this to be accumulation so congratulations try to wind me up you succeed you succeeded okay the next thing I wanted to deal with is reconcile the yields lower and Dixie up this was a really good question someone messaged me on Twitter and said cam I don't understand how do you reconcile
the fact that you are calling for a lower yield whilst a higher Dixie is also the call the truth is I can't actually reconcile that it doesn't really make sense right all I do is look at the charts and say what do the charts suggest so if I ask myself logically how is it that we can have a 10-year yield move into the downside with a dollar moving up it kind of doesn't make any sense right but I don't let that get in the way of the objective truth which I believe to be the charts
the charts say threee cycle low weekly cycle any day now a new weekly cycle with a daily cycle low okay now out of that Weekly cycle sure it can left translate and fail okay as any cycle can but even if that is on the table we would at least expect a good couple of weeks a counter Trend rally first then we can talk about a roll over and a fail right we don't typically see a Fresh weekly cycle bounce up and fail immediately that would be extremely rare you normally get a good daily cycle of
right translated first and then we look for a left translation and fail on daily cycle to if the cycle is going to fail at all give that we did not get a big flush down here okay it looks like it's almost about done little bit lower and then a bounce I would say on a balance of probabilities we're not going to be far from my yellow squiggle and so until such time as we see failed Cycles then it is malpractice to be bearish here it doesn't matter what anyone else thinks or says or what kind
of Elliot wave counts they may or may not have until such time as we see failed Cycles it is malpractice to be bearish so that's what I know to be objectively true the Cycles say we're about to find a daily and a weekly cycle low and then push up okay and until such time as that low is failed and breached and we moved to the downside of it then I can't possibly be bearish and at the same time I look at the yield chart and I say it just doesn't look to me like it's going
to continue to Rally this looks an awful lot to me like we're about to complete a lower high and a roll over and die and a tell that to the bond market and I believe this is going to force the FED to repic the yields as I was talking about yesterday so it doesn't really make sense I just look at the charts and say what I see and until such time as something changes then I stand with that now if somehow we get the dollar ripping and this is to occur then clearly we've got an
invalidation clearly my first yellow squiggle was wrong and similarly if we come down here daily cycle low weekly cycle low and fail then clearly I was wrong about that as well but until such time as the market invalidates me then I just have to look at the chart and say that's how I see it so it's a really good question and the answer is I cannot reconcile the facts I can only look at the chart and tell you how I see it the last thing is as well I could see many people saying things like
it doesn't make sense that you think inflation's going down but the Dollar's going to go up it doesn't make sense that you know yada yada yada yada but again just keep in mind the Dixie is actually a basket of currencies right it's the dollar the Euro the year and the pound and they're all in there in different weights and there are many many many factors that affect how the Dixie moves okay many many factors it's not as simple as well one thing is going up or down so therefore the Dixie has to move in this
direction and those factors can have more or less contributing weight and significance and impact to the Dixie depending on what's going on in the world at the time now the euro makes up around 57% of the dollar basket so a lot of what happens in the Dixie is actually really Euro weakness if the Euro continues to move to the downside in fact let's check the Euro index the exy okay with the Euro which makes up 57% of the dollar basket doing this does it make sense the dollar could have any hope any hope at all
of moving to the downside not really okay this euro is really really really going to need to push to the upside isn't it the euro is going to have to display strength here otherwise wise 57 odd per of the dollar basket is going to continue to move to the downside which of course means the relative strength in the dollar will see the Dixie move to the upside so there are many many many factors at play here and I think people always try to do what they do with woff which is make it as simple as
possible but in doing so they make it overly simplistic and therefore totally invalid so just as we must have volume for woff we also must have a holistic overview of what's going on in the dollar before we can make such conclusions as no Bitcoin and the dollar can go up and again we can always look for ourselves you only need to pull up the charts or overlay one over the other and you'll see there's plenty of times where for months on end the dollar and Bitcoin for example both Moon together and the last thing I'll
say on this is if you want more details this video I posted nine months ago how the dollar runs with Bitcoin stocks and gold goes through a whole heap of dollar milkshake Theory ideas and how exactly the internals of the Dixie contribute to the direction of the index and all this kind of thing and I broke it down and showed about trade and all these other things so so if you want a much more holistic overview you can go and watch this video here just type in how the dollar runs with Bitcoin stocks and gold
the next thing I wanted to point out for today's episode is as per usual okay the imaginary debt seeding limit once it gets hit causes a bit of a stir amongst people that aren't really familiar with how the game is played and then they do what they always do which is just slap another four trillion on top of the imaginary ceiling of course it's imaginary if you can just move it higher every time we get there then why have it in the first place another day another trillion or four trillion in this case and the
show continues okay The Show Must Go On as I was saying we also have fud showing up right in time for a weekly cycle low flush we've got allegedly tether saying that it may need to sell its Bitcoin to comply with these new US stable coin rules so nothing would cause a knee-jerk reaction and a bunch of retail panicking more than the idea that tether may have to sell a bunch of its Bitcoin but I'm pretty sure this is just going to turn out to be a bit of that shows up right into the weekly
cycle low flush we'll get to the charts as a minute I also noticed this account which I wasn't familiar with is arguing that coinbase might be insolvent and I was seeing some people in the comments talking about this and there some rumors going around if you type in coinbase is insolvent into the Twitter search bar you can find all kinds of speculation and retweets and there's all these rumors circulating and blah blah blah blah blah but I think again it probably is much more likely just to be a bit of fud whilst we approach that
Weekly cycle low for Bitcoin I think that's all this really is we're dangerously close now as you can see right right here we are a m 14 bars away from a perfect 60-day cycle low and a perfect weekly cycle low so largely speaking I would expect to see more and more of this kind of stuff proliferate as we approach that cycle low do I think coinbase is insolvent not really to be honest it's a publicly listed company it's a custodian for Black Rock and the ETF I mean could it be deliberately engineered to be some
kind of huge demolition to bring Bitcoin down it could right it's a non-zero probability but do I think it's very likely not really okay and if it's going to show up to be some kind of problem then I would suggest to you it will show up during the bare Market typically what we see is we get a big kind of blowoff top okay so let's just draw some yellow squiggles here so let's say we go weekly cycle low we get a double to 180 Kish something like this blow off top bare market right lower high
blah blah blah blah typically it's in this neighborhood that things start to get blown up right if coinbase really was insolvent I don't think anyone's going to notice it in here when we're having a big blowoff top moment I think it's when the leverage starts to get on wound it's when collateral starts to decrease it's when the price of their Holdings and assets start to decrease all of that kind of thing and in here it comes out oh by the way coinbase is insolvent that's how you get that final drive lower into the fouryear cycle
low just like we saw with FTX back here right it's all of this happens everyone's happy days everyone still believes the bull Market's alive and well here and then by the time we get here things start to blow up leverage gets exposed it continues it continues it finally capitulates with FTX blowing up that was the Black Swan no one saw it coming and then of course the Bitcoin network is self-repairing self-healing self-recovering so if any of this stuff is true I would imagine it probably doesn't show up for many many many weeks to come but
time will tell on that one as always I do think it's interesting that right as we are due those cycle lows we start to see some fuds circulating and before we go through some charts and have a look and make sure we're ready to set up some trades going into next week I wanted to read you this from Hugh Henry the acid test and CPI and the great Galactic Distortion so it's not very long it's a few paragraphs but once upon a time in a distant economic quadrant the ruling technocrats attempted the impossible to pause
the entire civilization flood it with free credits and restart it without consequence for a Time the illusion held does anyone else hear Hugh's voice as you're reading this in your head right for a Time the illusion held Prosperity was declared restored the KnockOn effect from Corona the mind is fantastic KnockOn effect from Corona is labeled transitory the economic gravity cannot be escaped yesterday's CPI surprise is just the last signal not of inflation but of something far more Sinister the impoverishment of the many prices remain elevated of course the nonlinear nature Trends in this quadrant for
the many but inflation is not the issue the Killer is Wages they haven't kept up the debt is crushing the working class and smaller commercials the unwind of three-year covid loans especially Troublesome basic goods are becoming luxuries for the majority the federal gravitational Reserve miscalculates incessantly and the elasticity modulation grid has been stretched Beyond its limit the great gravity put keeps stock market risk suspended in air whilst the planetary citizenry struggles in short a planet where money is plentiful but value has been drained from the very concept of work and entrepreneurialism the market sees no
recession yet but nor is there a soft Landing what if this time is different what if interest rates cannot fall because the cost of existence itself has been permanently altered and yet equities remain Rich elevated deluded so where do you take refuge for three Planetary Cycles bonds have been abandoned exiled ridiculed their yield still high they prices far from their cycle Peaks a miscalculation in policy by the central Authority could force stacked rate Cuts towards the end of this year Galactic correspondence from this time last year strikes a remarkable similarity with recent accounts of inflation
those mistakes are being repeated so will the entire system Buckle under its own contradictions no one really knows but the acid test is coming and no one is ready there is no escape velocity from the general inflation no Quantum liquidity trick to restore affordability to the masses this is the moment history will record when the people realized their rulers had not simply failed them but abandoned them entirely so the complexity in this market continues this is a fantastic piece by the way we don't know right nobody knows there's so much uncertainty and I think everyone
continues to be distracted because we're only looking at markets that continue to print all-time highs however right however however however Bitcoin the barometer for risk is now in its final weekly cycle in the absolute best case scenario this weekly cycle can resolved to a very brief and quick and left translated blowoff top right so if we get this cycle low in a big push then we can have another weekly cycle low and one final push and then it should be roll over and die time but the chances of this occurring here are pretty slim okay
it's this one where some profit has to be locked down because we'll be quite late in the cycle by then not to mention the S&P 500 has a fouryear cycle low in Focus too right it still has yet to show us a 4year cycle low a major low so we know we're getting late and stretched in these longer term Cycles we know that Bitcoin is approaching its weekly cycle and once this weekly cycle low is found and we start to push up we will be just a few months away from the normal to be expected
Ultra right translated cycle top all at a time when we've got the dollar ripping okay again there's many reasons and contributing factors but objectively speaking it is currently ripping until something changes we've got yields remaining elevated forcing the FED to be unable to cut rates you've got perceived sticky inflation however the FED is using lagging metrics and when you dig into the internals and swap shelter out for a realtime metric it's actually been deflationary for a while right and as Hugh points out here there is really no way to kind of Rectify this it almost
feels like when this thing is all said and done this is the moment where the rulers have not just simply failed us but they're just going to abandon the system entirely right we're probably going to need a reboot some cbdcs or even if it's not true cbdc right some kind of new systems some kind of gold back system some kind of digitized basket right who who really knows for sure but these are absolutely wild times and the funny thing is it has been all fun and games for a good couple of years now right ever
since this cycle low it's been really easy to jump up and down and scream everyone that's bearish is is a [ __ ] and a fool and an idiot right long and strong long and strong even in here it was like ah camel you're wrong you're wrong it's topped is topped it was jump still jumping up and down going nope it's way too early in the cycle right every dips for buying and eventually we did pop up to 100K even now sentiments in the toilet and we're still around 100K but again you got to keep
in mind where we really are now we are now getting to that point in the cycle where I can no longer jump up and down and say long and strong long and strong everything's fun and games right once this cycle loads in it better hold otherwise I'm out the market you know times are slowly but surely morphing from this is all fun and games and partying to we have to start taking things a lot more seriously now and operating with a lot more caution because objectively speaking that fouryear cycle low is due in 2026 right
and after this weekly cycle low and the next one okay that one is October of this year so by the time we complete one more weekly cycle okay we are pretty much in that neighborhood where you have to start calling tops and looking for a fouryear cycle low again with the stock market you know it's been a great run but I mean it's also straight vertical right it's just straight up and it's been awesome to trade this thing in front of everyone you know it's been really really awesome but again we can't go on forever
we've had two record years back to back what do you think we're getting three four five six record years no of course not right things are getting stretched the longer term Cycles are coming due Bitcoin is the new barometer for risk okay Bitcoin is the macro now as we start to head towards that fouryear cycle low so absolutely wild times and of course as always gold knows something right gold is the canary in the co mine again gold doesn't do this kind of thing here for no reason right it knows something and again it probably
knows that our rulers are getting ready to abandon us so very wild to be alive not going to do any TA because I don't think I need to repeat myself you know where the cycle lows are you know when we're aiming for them if you don't and you're brand new here then you can go back and watch yesterday's video no changes to the plan since then I will be back tomorrow with a deep dive as always on a Saturday I'll also be putting out a extended video for the level three members as we look to
catch hold of these cycle lows trades next week and other than that I hope you have a fantastic weekend I hope you're doing well in life and until next time God bless cheers bye finet he's the man to see rocking the markets with his contrarian Stree trads like a pro no fear no shame sticking to his guns in his mighty game he's a bad ass oh yes indeed C man got the lock its key taking us stories on the tion