Analog Devices ( NASDAQ:ADI ), a semiconductor manufacturer, has reported better-than-expected results and guidance as inventory backlogs eased. The company's fiscal second-quarter adjusted earnings per share (EPS) of $1.40 beat estimates, while revenue slumped 34% year-over-year to $2.16 billion, but that was above forecasts. CEO Vincent Roche explained that...
SPY vs Blue Analog 2008 vs Black Fed Net Liquidity Indicator
In this chart we analyze the relationship between the Small Cap iShares ETF and an analog of the 2002-2003 price action. From our view, we can see that we are clearly holding a similar pattern from back in the early part of that decade. This happened to be after a recession as well where the value/growth rotations were just as if not stronger than they are today....
Here you can see a great analog for the Re-Accumulation After Decline argument for Bitcoin VS the Distribution structure. You can see how S&P became over heated before suffering a sharp reaction and forming a new accumulation range before continuing on its bull run.
Current price action in $DXY is a strong analog of that in November 2020. Funds are short, and while the direction of the trend is down, a strong rally could impact recent gains in commodities and potentially have negative impact on equities and bitcoin.
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I recently read a comparison made by Tuur Demeester in which he described Bitcoin, in its current state, as essentially shaking off the barnacles of zombie ICOs, similar to how Amazon had a boom and bust during the tech bubble only to arise from the shadows of Pets.com and other vaporware to become the trillion dollar company it is today. If one subscribes to a...
Similar analog to 86-92, clear neck line here, could be a mover! Shorts at 126.50 lows for c80 tgt.
Good analog here re '99-02 suggests the USD is may not yet be done despite the hubris around Gold and Silver. We are at a key inflection point, upsloper needs to hold for USD bull market to persist and if it does it is likely the market tries to test 2001-02 highs. “History doesn't repeat itself but it often rhymes,” Mark Twain
The comparisons to 2013-2015 bear market have been made ever since the dec-feb collapse and while premature, lining up pitchfork slopes & yearly avg gives the fractal even more accuracy. And the price & RSI we're trading at now is key. The driving factors for the collapse (bear market) throughout 2013-2015 were far more serious than anything now and although the...
Been following oils upside progress by noting how it moved during the post financial crash lows in 09. Specifically this current uptrend alongside the price action of 24th may 2010 -> 25th april 2011 (overlayed on chart). Following this analog, we've found resistance at 0.5 retrace of 2014 highs -> 2016 lows, and can expect a retest of the rising wedge we broke...
with some adds of previous analysis of Gold Recovry Analog , i add DXY compare and have good support result , interesting