For the first time, ever, as a species, immortality is in our reach. Oops forget it, this is from another script. For the first time, since quite some time, NDX's RSI is almost ready to: Close below 50, retest 50, and drop below it yet again. Only 10 days for it to change its mind. Maybe the point of no return is long-gone... Tread lightly, for this is hallowed...
Please read to the end, for a probable explanation that falsifies this one. We are living the precise events that led up to the 2000 .com bubble burst and the subsequent 2001 recession. Now however, there was no blow-off-top event to make the two events identical. Back in 1998, there was a "black swan" event, which was more apparent in DJI/SPX. This was caused...
Alternate title: We are filled to the brim. Revelation day. Today, August inflation numbers were revealed to us. Fear struck investors, because high inflation would cause higher rates, thus recession. Immediately, a sell-off began in SPX and other indices, the majority of which lasted mere minutes. But this is not entirely correct. The cause of today's pain was...
A Head and Shoulders is probably forming on decreasing volume. Or maybe it will evolve in a bear flag, who knows? We are still below the downwards trendline. If H&S doesn't form, well, I'm wrong again... See you on the weekend of 24-25 of September. Only then we will find out. I hope the guy in German parliament is talking about financial collapse and not...
I suppose you bought the dip. Look at what you have created. -wink- A very obvious bear flag. Make your escape when it's time.
In this simple chart, take notice on RSI and it's stochastic. They are about to push upwards. For the past months VVIX was artificially (?) suppressed. For a storm to come, a calm must precede. Putin the meteorologist warned us about the storm. Therefore expect VVIX to explode, which means VIX must do the same. And when they go up, SPX goes Skyfall - just like James Bond.
I had this confusing idea and I will show it to you with this confusing chart. 1. First we define the blue vertical lines. These are the drawn on the date of the peak of yield. ( Even though yields drop, dollar continues to grow. Like a delayed reaction. Unsurprisingly, yields lead DXY growth. ) 2. Then we draw fib retracements, with 1 being the DXY value at...
The common saying is "you must get up if you fall" In my mind, the opposite makes more sense. If you want to get up, you must first fall. As if you sabotage yourself. Also BTC 100k by 2026.