$COIN has been stuck in a downward channel since 08/08/22. Thanks to its obvious symbiotic relationship with $BTC it is sitting at the top of this channel. Thank you jim crammer for that pump. Yet with the recent doubled top forming around this resistance of 57.33; then adding the selling pressure from the CEOs recents sales. As well as Surojit's separation, which...
This one will be super simple, not much to be stated here. With big corp and foreign investments going into housing not just in the states but globally, we are seeing some really crazy stuff in housing. This chart looks at new one family houses sold vs new housing permits and privately owned housing units total. In my honest opinion housing is, like everything,...
The selling in bonds continues as inflation continues on. Wings in my area are almost $10/lb, highest i have seen this in my life (only 28 tho). Most of the time I check to see if there is any short term bond buying, this time however, short term bonds are selling too. It would seem that investors are spooked, Investors really have no where to run at this point....
- i am so tired to see Elon Musk playing with Doge retailers, what you have to know is Elon not Hodl BTC at all, he just hold 0.1 BTC offered by one of his friend, he doesn't want BTC simply because he cannot control it. - So he turned his business on Doge because he just wants to control 51% of the market, like a company, if u have 51%, you are the boss. -...
I am not a legal financial advisor or consultant, everything shown here is strictly for learning purposes and is of my own opinion. Please do your own research and due diligence and never take any one persons words as 100% truth. GME, GME, GME. man oh man what a year GME had. this failing business had the perfect idea to get back on it's feet and what did the...
Don't buy doge guys, Idc what Musk is telling you.
It's worth noting that, just like in February and the market was full risk-on and people were bullish, all-while the pandemic was hitting our shores, here we are again. The pattern is striking. The pandemic is fading, but we're on the cusp of a much bigger problem. You invest your money the way you want to, if you were bullish in February, just don't. DXY ready...
I don't think this is THE crash. We need someone to blame it on. Currently there is no "culprit" just a random sell day. The Siege on the W.H. is going to be perfect for this task, they'll be able to mask the corrupt monetary policy while vilifying America's left wing an yet another response to the CCP. I'm convinced that the establishment wants Trump in office...
I don't care what Soros and his banker buddies say, they're not shorting the dollar. They just want you to.
MCD is next. Ronal fucking mcdonald dude. Perfect breakout and catch. Right out of a bull flag BUT now it’s back in it’s triangle. PT is still 200. Calls we have are for August so will see what the rest of the week brings. Contract down a bit but we’ve got some time. For those who missed out we could be seeing better buying opportunity. Looking at the chart again...
The stock market does not reflect the real economy, the real economy should NOT be accounted for when we think about what the DOW is doing. America is collapsing and the DOW is rising.
Here is my macro view. I think the dollar is going to be very strong over the next couple years. I also believe that crypto currency will bottom and reverse before equities do. You see it correctly. I'm calling for a 2 cent zerp. Yes, occasionally I do hear voices. Oh, leave your crazed fantasies of Lambos and what-not below.
This is basically the same as the DJI chart. See related.
This was inspired by TradingShot's chart. I added a channel because I think it provides more clarity. While I think it'll stay within the channel, I don't know how far it'll go. If the establishment wants communism, this is how they'll get it.
Unpopular opinion here. I can definitely see this testing the other end of this channel. In fact, I think it has to.
We're heading toward the .65 - .618 of the overall trend, where very powerful MAs and a macro trend line converge, along with the .618 of my proposed 1 wave of the macro 5th. The question is, will the FED be able/willing to keep the market above this trend line or will they let deflation take the market to the very edge of the trend? This would still be an...
look out for that liquidity sell off when equities do.