The Technical Analysis
Fundamental Analysis
Imma go big back into crypto when I see the inverse of this chart. But right now precious metals are back on the menu.
- The Price action & MACD both on log chart
- RSI had a technical double bottom and price action set a higher low
- MACD moving upward upward
- Triangle due to break out
- RSI very likely to swing to oversold based on history
Fundamental Analysis
- Yield curve inversion
- Greenspan says NO BARRIER to treasury yields going negative
- SPX only up 5.3% in two years
- SPX in a broadening channel, see linked post
- Foreign indexes set lower highs already
- Trade war
- Brexit
- Hong Kong
- US Farmers at highest rate of default in 20 years
- Baltic Dry index setting highs after over 5 years
- you can put silver in a sock and beat some to death with it, but can't do that with bitcoin
Imma go big back into crypto when I see the inverse of this chart. But right now precious metals are back on the menu.
Note
If you follow me but not my silver/bitcoin post I highly recommend you follow this post, just so you can hit the play button with me once a week or month.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.