'October Surprise' Drumbeat Quickens

The Morning Line [Published Sunday, October 1, at 7:30 p.m. EDT]( 'October Surprise' Drumbeat Quickens Price action last week in the charts of three bellwethers suggests that this year's 'October surprise' could arrive right on schedule and that it could be a doozy. The first shows the dollar's so-far shallow correction off a minor Hidden Pivot rally target. This portends yet more strength, threatening to turn Powell's tightening regime into a globally ruinous debt deflation. Second, rates on the 30-Year Bond topped at 4.81%, precisely matching the prediction featured here last week. And now let me add this detail: If yields pop above 4.81%, they should be presumed headed for exactly 4.98%, a top that I regard as very unlikely to be surpassed. Interest rates presumably would fall thereafter -- for a long, long time -- discounting a weakening economy bound for, if not depression, then at least a very severe and prolonged recession. One of the updated charts packed quite a surprise: NYMEX Crude. We've been quite bullish on oil since early this year, when quotes were lingering around $72/barrel. However, the rally turned unusually steep in May and hit a high last week at 95.03 that fell a few dollars shy of a $98 target we'd been using as a minimum upside objective. This prompted a look at a longer-term chart. Lo, the weekly bars imply an impending run-up to $117 a barrel. Moreover, last week's decisive move through the pattern's Hidden Pivot midpoint at 90.67 implies that a surge to $117 is no worse than an even-money bet. Could this mean that a long-anticipated war in the Middle East is about to break about? Regardless, if the price of oil is in fact bound for $117, something world-shaking is about to occur. [View Post on the Rick's Picks WebsiteÂ]( Here's How to Jump In... Not sure of the best way to get started? Follow these simple steps to become a consistently profitable trader. Step #1Learn The Basics for FREE! [Impulse Leg Toolkit]( ... [Butterfly Spread Strategy]( [Fundamentals of the Hidden Pivot]( Step #2 Get Rick's Trade Recommendations [Free, Timely Touts]( ... ['Requests' Sessions]( [Free Trial Subscription]( [Select a Subscription Plan]( Step #3Learn to Use the Hidden Pivot System Yourself [Fundamentals]( ['Mechanical' Trade Set-Ups]( [']( Trade Set-Ups]( [The Basics, Plus All Six Trade Set-Ups]( [Start My Subscription]( Copyright © 2019+ Hidden Pivot Enterprises, All rights reserved. Disclaimer - This email is for information purposes only and should not be considered personalized advice or a solicitation to buy or sell any securities.   [Unsubscribe]( Rick's Picks - Hidden Pivot Enterprises PO Box 270646 Louisville, Colorado 80027 United States