If we count from the referendum, the GBPUSD now sits exactly on its 2nd fib level. Bit low if you ask me.
ADX at 40 indicates a strong trend and the RSI has room for growth. #ToTheMoon
Doesn't matter how you draw your trend lines. At this point, the breakout is clear. The 200 DMA is in the dust. Get your lambos ready bois, we goin to da moon.
Last time we got a false break above. Let the Vegeta memes commence.
Dunno, maybe I'm biased. This kinda looks like a bull flag to me.
You can see it trying to get back into its previous channel. If it fails, we could see the shorts piling in. Full analysis in today's QE Newsletter.
Bitcoin (top-left) staying still while several altcoins are cautiously forging fresh highs. Full analysis will be in today's QE Newsletter.
This graph is an attempt to visualize how action from the central banks has a large impact on crypto market cycles. Full analysis will be in tomorrow's QE Newsletter.
Not a strong break but very distinct. It's already tested the bottom trend line as a resistance twice. Now clearly on the outside of the channel making way for further losses.
RSI also flashing overbought territory. I'd be very surprised if we punch through this without a pullback first.
Chart shows the Nasdaq 100 index over the last 34 years.
Charts prepared for Quantum Economics daily newsletter.
Just as we wrote in our blog at the peak on December 13th.
Over the break the Dollar index saw some real spikage. Full analysis in our daily blog.
We're now testing the top of both the clearly defined psychological range (dotted grey lines) and the large descending channel (yellow). Take a look at that purple line, which has been providing short term support lately and could indicate a breakout is coming soon.