The Unlikely But Possible Has Occurred!Yeah, it's bad. But is it really as bad as everyone thinks it will get? I don't think so. I'm going to explain why I think this is just a brief discount window before a bigger pump through the year-end.
Depression
Industrial Production, and how it can help us time larger cyclesIn this video I use Industrial Production, and more specifically, its Rate Of Change to show how we can approximate Booms and Busts in the "Business Cycle".
I also go over previous cycles, and what to look for in our current cycle.
As always, good luck, have fun, and practice solid risk management.
US Recession? We will Sink at least 50% For a Recession.Between the 2008 great financial housing crisis, the end of the dotcom bubble in the year 2000, the 1970s stagflation recession, and the great depression of 1929 all have one thing in common. The market retraced at least 50% from it's peak. I personally believe the US economy is in conditions for a recession that will at least sink 50% or more if we were to compare to past indicators and technical conditions of a recession.
Just my opinion take it with a grain of salt. At the end of the day past is no indicator of the future. However history doesn't repeat itself it often rhymes. There's been a lot of rhymes I'm seeing. Much peace, love, health, and wealth!
Fair value of Bitcoin at $30k...Our Goal is to bring the Blockchain to the mainstream, Our Mission is mass adoption of cryptoS and Our Dream is to advance human civilization with QBAR (Quantum, Blockchain, AI and Robotics)
BRIEFING Week #22 : Retails & Symptoms of Clinical DepressionHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Kindly,
Phil
The world is burning down. THINK!This is a 60-second screencast. It is designed for thinking - the most important activity in trading.
Is a financial crisis ahead?In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30).
The emphasis here is in the nature of the struggle to avoid correction and the similarities in form .
The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time frame. As the US30 is a much older more seasoned instrument, that's why I took 1 week of the US30 to approximate to 1 day of Bitcoin.
Parabolic markets are superheated and resist correction. Keep in mind that it's a new world where we have electronic dealing, so the fight to stay afloat is likely to be more reactive and violent.
For those who are interested focus on the form of the struggle.
What can we learn from the Great Recession ?
