USOIL Market Manipulation, A Wild Theory:
Here’s a theory that I can’t stop thinking about since yesterday. On Thursday the 12th of January the CPI report from December will be published again. But this time there is something attached, which you can’t unsee once you‘ve seen it.
CPI reports cause a lot of turmoil in the markets. Especially when the results are higher or lower than initially expected. As we all know, during the past year we’ve experienced some abnormally high inflation but that seems to be coming to an end. Or is it?
During December, USOIL and N(atural)G(as) both dropped significantly. On both charts you can see huge red candles indicating great amounts of institutional participation and perhaps manipulation.
I believe that especially the USOIL price has been suppressed manipulatively in order to ease the inflation rate and cause major relief in the US Stock market. Since the energy prices played a huge role in the inflation data, with low prices such as the ones experienced in December, this should ease some of the inflationary pressures. I think the goal would be to liquidate as many short sellers as possible with the relief pump and grab all the liquidity they can.
This move would be massive, pushing the $SPX above $4000 once more and $BTC towards the $19000 range. This would cause the sentiment to change and the funding rate to flip.
Then when almost nobody suspects it anymore we’ll see capitulation, the Standard&Poors could drop back at the COVID crash levels and Bitcoin at $12k. That would be crazy, wouldn’t it?
After theorizing about this for a few hours yesterday night, I decided to remove all my remaining SHORT positions and SHORT orders.