This is a continuation of the Weekly Inflection Point. On the daily we're getting close to a crucial area. A downward move here may indicate a large move, correction on the weekly, daily. 16k could easily be hit. There is also the potential for this momentum consolidation to have a breakout leg to 77-88k before a final correction. Watch for a break above or...
The next financial crisis is potentially right around the corner 11:11 The question is, has the fed lost control? Is it by design? In less than 50 Days the fed gets back together, 11/7 Election is 11/5 Veterans Day is 11/11
Timeline is 6 months - 2 years The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is...
What I have here are a bunch of momentum channels piled on each other on the keltner channel oscillator. (weekly light blue, daily green, 3hr light purple) I didn't bother hiding lines from the diff time frames, which helps put into perspective each zone in accordance to the keltner channel TF price is in. IE on the weekly we're above the KC Mid Line. Same with...
Some weekly consolidation; Possible yields haven't topped yet. These inflection points lead to weekly and monthly trend changes which I will be looking for a potential spike as momentum shifts back down and rates test the keltner channel mid or upper line. There is also a possibility that rates breakout of the resistance (trend change) of this bullish leg from...
DXY retracement from it's last peak seems to have bottomed out, and is starting the next leg up to retest highs. Inflation is driving rates back up, or holding them up. While bonds occasionally sell off and yields rise. I imagine either other countries start lowering yields to prevent banking failures, or the US starts increasing yields to avoid dollar debt...
Monthly is winding up for a big drop or huge jump. Monthly: Weekly: Daily shows price winding up potentially the rest of the year. So I will look towards year end for the fireworks, that will decide if our pent up momentum will release upwards or downwards. My gut says inflation will send it upward in the near future.
Using momentum indicators (keltner channel) I've been watching this weekly rally and recent correction. Using the close, and the last wave, oil price could climb to astronomical levels in USD. There is a momentum shift of the correction, and the bull market for oil appears to be underway. At this pace, 200 by june is not far fetched. I expect the Dollar to lose...
Within the next few quarters we're likely to see some impressive fireworks in the various markets around the world as we gear up for multiple black swan events IE negative oil prices. The storm isn't over, it's just begun. 3 Month Monthly Weekly Daily
Daily is winding up to an inflection point, while the weekly is getting close as well. I'm favoring the bearish break; but there is a chance for a bullish reversal- so time will tell. What I can say is that we're approaching a conclusive point in time that will send price with signifcant momentum in either direction. When I look for an inflection point I watch for...
Target for the next several months is ~20 usd The sooner we hit it, the sooner we can start another bullish leg. Short Term Targets are bullish ~23 usd Anything can happen in this market, as JPM, Deutsche, USB, HSBC have all been fined for spoofing or manipulating the silver market in the past 3-4 years.
TSLA seems to be bottoming out on the momentum indicators, this looks like it will delay the 100 level test in which supposidly Elon will get margin called at if it were to break. I can see this getting delayed for another week, or perhaps it will bottom here then and form a lower high and restest 100 closer to june/july.
This probably still needs time but we're approaching an inflection point, it may take another month or two to wind up, so I'll have to watch. Bitcoin has been popping up in it's low liquidity enviroment, and the MM is likely net short due to the influx of buyers. Since the market needs sellers, it's possible MM will push price down to get some liquidity. On the 1...
Here I made an elliot wave count, this is a complete wave assuming the 5th wave is short like in 2013/2014. I will look into making an alternate count that shows one more 5th wave to go before a major correction like 2014/2018... Or unlike we've seen in bitcoin history? 60k-1k??? Well no need to get too excited, time will tell which way we're going and it's too...
Short Term Targets are ~23 usd I expect price to hit within the next 5 weeks. Also looking for a trip to 20-21 usd range to fill a monthly gap. Overall I am bullish on silver.
Short Term target is 54k Long Term target is 20k Monthly is consolidating and will likely find it's way back below the 20 EMA near the bottom of the Keltner Channel.
Target is 54k May reverse in the 54-64k zone to fill the gap left at 20k. Bullish if we can break the double top formation, Target is 80k-120k Expected to hit 54k with in the next 6 weeks.
Seeing a weekly momentum shift forming, expect major trend change. Couple of scenarios, Economy could break and fed allows inflation to creep up while easing on rates, If they reduce reverse repo rates then yields will drop as money market funds buy 1 yr bills on the open market again. Otherwise they might have to increase rates if inflation continues to weigh...