Ascending wedge, blow off into election or rise?
Similar pattern seems to play out where we wedge up, break to the upside, and then (??).
Market appears to be betting on a Republican win, we're coming into clearer focus on the election date, which brings uncertainty after apparently boosting most assets.
Btc, gold, and Us equities are all very correlated on the Pearson 30d correlation chart.
Nobody seems to want to hold a dollar.
Market appears to be betting on a Republican win, we're coming into clearer focus on the election date, which brings uncertainty after apparently boosting most assets.
Btc, gold, and Us equities are all very correlated on the Pearson 30d correlation chart.
Nobody seems to want to hold a dollar.
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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.