Got Nvidia? I don't! slippery slop it is on. target lower if this continues.
Was that a classic pump & dump in the bitcoin & crypto space? In any case, use charts to avoid getting whipsawed around. For now, it is simply a retest of the dome (resistance). Remember, low risk entries are found outside the dome, not inside one!
US 2 Year Yields Falling Back Below Key Pivot! Is the next leg down signaling a major market correction? Expect the Fed Fund Rates to be cut sooner rather than later. However, no need to front run this possibility, simply observe the charts. Stay safe.
WOW, that was quite a rollercoaster ride to end the week & month for gold and stock markets. No breakout confirmed = No Capital Rotation Event Another lesson to never front run what looks like an imminent break out!
I know it is hard to accept this when you have a stake in Bitcoin. What do you honestly think Bitcoin is going to do once the stock markets roll over? See exhibit A and B below. IT CAN BE VERY BAD!
Apparent WEAKNESS for Nasdaq priced in gold. While it has not broken down yet, it's looking more and like a HEAVY topping structure. A solid close below that tick black neck line are we got something more NEFAARIOUS on our hands. DO NOT SAY I DID NOT WARN YOU !!!
PROBABLY THE MOST IMPORTANT CHART YOU SHOULD BE AWARE OF RIGHT NOW! If gold breaks out because stock markets are going down, we are most likely heading towards a Capital Rotation Event. Yeah, recessions are very often found here.
If that was indeed a false breakout for Ark Innovation, then WATCH OUT BELOW! Low risk long entries are NOT found here.
STOCK MARKETS TO HIBERNATE FOR A DECADE? Dow Jones is squeezed at historical resistance and rising support. Momentum has been lost and at risk of more pronounced failure.
Astute chart traders saw the underlining weakness BEFORE this possible horrible opening for UnitedHealth Group. Clues were there NOT to be long for a while now.
LEGENDARY CAPITAL ROTATION EVENT WARNING !!! Don't just believe me, just observe this historical gold versus stock market chart. IT IS GETTING REALLY CLOSE... DO NOT BE ON THE WRONG SIDE OF THIS WHEN IT HAPPENS. You have been warned, again!
Silver is above its 1979 yearly close. Silver is above its 2010 yearly close. Silver is above its 2012 yearly close.
NO! Cryptos DO NOT have to always go up, forever and ever. Simple chart review shows me how sketchy the situation is for Ethereum, Bitcoin and others. Don't be a hero. Wait for the appropriate low risk entry points to morph into existence. THERE ARE NONE RIGHT NOW.
Who kept an eye on Microsoft like I mentioned not so long ago? Well, it lost that rising trend line and is now on the final remains of horizontal support. Could fall really fast below that.
Silver most likely breaks out versus stock markets AFTER they crash. This also requires aggregate of market participants realizing stock markets are entering a prolonged bear market. That is how a proper capital rotation takes place.
!!! WAKE UP GUYS !!! Yep, this is happening right now. Gold & Silver miners breaking out on daily chart versus SPX. Are you sleeping?
Corrections are normal for stock markets, most of the time. However, they are not fine and generally more nefarious when they happen along side gold breaking out versus spx. That is when the Capital Rotation Event comes into play.
Possible Capital Rotation Event JUST around the corner. Gold VERY CLOSE to a breakout against the most important stock market. I'd expect a market sell-off to happen on this breakout and possibly a recession afterwards.