RSI has fallen back under 70 & ADX is rising. Selling could become a STRONG TREND as the dollar rebounds with rising yields. Expecting a $VIX spike to occur if $DXY continues upward. Staying HEDGED for the DEBT BUBBLE implosion with $UVIX $UVXY $HDGE $TZA
Daily RSI bounced back just above 30 with a rising ADX indicator. Most everything seems to be at overbought conditions as Fed policy is still tightening. Yields up, Dollar up, speculative assets DOWN. Small caps don't stand a very good chance of profiting in a deflationary environment. Expecting more bankruptcies, layoffs, & defaults. Indexes could fall hard...
Bulls are being baited into "the new bull market" theory as consumer DEBT is at all time highs with rates at extremely high levels AND STILL RISING. Layoffs are picking up and the debt will become unserviceable leading to defaults. Call writers are raking in profits as naive "investors" GAMBLE their life savings on call options. The desire for "instant...
The USD $DXY monthly chart looks eerily similar to back in the early 1980s when the dollar rallied for months into overbought territory. It then fell for four months straight (DXY has currently fallen for four months straight), and began a multi-year run-up. We are currently in the midst of a GLOBAL CURRENCY WAR in which the US adversaries are trying to devalue...
The ADX indicator moved up from 27 to 45 as the stock was selling off (strong trend). The RSI has tagged resistance. I expect selling to resume the more Ross Gerber tweets. He's become as annoying as Trump. Self serving pumper. Stay away! Protect your #kingdollar
Not even worth my time to comment. Speculative junk. Middle schoolers are stoked.
Bulls don't seem to realize there's more than 22,000 different alt coins & growing. LIMITLESS SUPPLY with zero use cases. A speculative gamblers dream.... or NIGHTMARE. The RSI on daily reached overbought and is crashing below 70 now. ADX indicator it near 40 and expect it to continue to rise as SELLING IS THE TREND. Crypto gamblers are in for a world of...
"Investors" aren't pricing in any risk. Notice the 4hr. reaching overbought RSI levels with low a ADX reading. The RSI is now falling off. Expecting ADX to move higher as a SELLOFF RESUMES with SURGE IN VOLATILITY $VIX. Protect your #kingdollar as the Fed is continuing to raise rates throughout 2023. NO RATE CUTS in sight. HEDGED with $UVIX $UVXY
The weekly gapped up on the lowest weekly volume since April 2022. Moves without volume are suspect. At the same time of the spike, notice ADX just rolled over hard. NO TREND. The 4hr. is extremely overbought and the 1hr. has turned over. EXPECT A HARD SELLOFF in all crypto simp coins. The bull trap is set.
Every time RSI has reached the 30 level it has bounced aggressively. With the recent fall of #kingdollar, stocks & crypto spike, & $VIX crush, I expect a REVERSAL PATTERN with a SURGE IN VOLATILITY. If margin calls get triggered we could see a MASSIVE WATERFALL SELLOFF in RISK "assets". Protect your #kingdollar. HEDGED with for CRISIS with $UVIX $UVXY. GL.
Treasury yield is the effective annual interest rate that the U.S. government pays on one of its debt obligations, expressed as a percentage. Put another way, Treasury yield is the annual return investors can expect from holding a U.S. government security with a given maturity. Treasury yields don't just affect how much the government pays to borrow and how much...
The weekly ADX indicator is sitting at 8 (NO TREND) at the same time VVIX reached it's lowest value since March 2017. EXTREME COMPLACENCY can be presumed. A market without fear is DANGEROUS. Either markets continue higher in the face of continuing rate hikes & QT or markets SELLOFF & VIX spikes catching everyone offsides. I go with the latter. Expecting VVIX...
The only other time the 9EMA crossed under the 21EMA on the monthly was the 2000 Dot Com & 2008 Great Financial Crisis. (Noted with the blue + symbols & down arrows). Each time, the RSI was near 50. Each time, the ADX indicator has been lower than the preceding level (in the 20s, WEAK - NO TREND. The massive drop in monthly volume should be noted. When the...
The ADX indicator was rising from 15 (weak trend) to 35 (strong trend) since March 2022 before a recent decline. As the dollar has lost its strength, the ADX rolled over along with RSI. I believe the Dollar will find support here and begin another uptrend. Potentially a violent upswing as the Fed HAS NOT PIVOTED and continues to tighten financial conditions...
Simps love chasing "moon" dreams. Most overbought on daily since 2017 peak. We all know how that ended. Good Riddance.
Everyone thinks shorting VIX is a good idea. Until it's too late. VOLATILITY TO SURGE.
4hr. chart. RSI breakout. Can't get much more coiled than this. EXPECTING SURGE IN VOLATILITY. Indexes to get crushed.
Retail has piled into calls looking for the next GME. Good riddance. Simps.