salomondrin

salomondrin

When they bring the talking heads on TV and make them say: "we haven't seen anything yet, yields are going higher!", you know it's time to buy them! Every single time they do this, bonds yields are either making higher highs or very close to those "local tops". It was identical prior to October 7th of last year. Look it up as a reference. If you don't like...

salomondrin

The top part of the channel starts at around $2,499 USD. As off right now, everything looks extremely bullish for Gold. The debate is if this is the top and price will revert towards the downside or are we going to higher highs? I believe the USD will continue to depreciate at a quicker pace, as we create even more money/more deficits. Personally, I think...

salomondrin

ENG: We've seen oil rise over the last 3 months, but last week we had a big fall on the price and fast. Because of the conflict in Israel, I'm expecting energy prices to rise all around (not just oil), simply based on demand for military use. Another signal I'm taking to the bank, is that on Friday prior to the announcement of the conflict in Israel, we saw...

salomondrin

ENG: Very basic and simple info: Bond yields go UP when no one is interested in buying bonds. It's a way to entice market participants to buy in. - We saw yields on the 10 year paper go up in quite a quick move. - No one was buying long term US treasuries. - All of the sudden we saw an intervention by big money last week that went hand in hand with the Yen...

salomondrin

ENG: As we had felt we found a local top on the bigger indexes around July, we were all awaiting for the inevitable, THE RECESSION that's coming due to the lack of credit creation and credit restrictions in our economies around the world PLUS the contraction of our monetary supply. BUT seems like on Friday, October 6th, for some reason big money jumped into...

salomondrin

ENGLISH NOTE: I do think the entire market still has a ton of downside to go. This is a long term investment, but I will start investing at this price. TO CONSIDER: 1. Rivian is the ONLY other electric car maker beyond Tesla that is actually mass producing units at a rapid pace. I like to use Lucid as a comparison, because they've been around forever and...

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ENG: General expectations are for stocks and crypto to go up in price as soon as the dollar weakens. HOWEVER, the one asset that seems to be moving against the DXY is GOLD! In this chart, as you can see the DXY go down, you can see GOLD make the same move but in an opposite direction. This makes me believe those gold bugs are gonna get their way this year...

salomondrin

ENG 1. I truly believe the entire market has more downside than most investors expect. 2. TESLA has been insanely punished just based on Elon's purchase of twitter and everyone being so very mad at him for buying a social network no one used to use. 3. TESLA's fundamentals are stronger than ever, specially considering they're starting to roll out the Semis,...

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ENG This is my second trade with my NFT tokens. I just saw that massive downtrend resistance at around $13.90 PLUS the local tops keep getting lower and lower at around the $14 mark. we also did a newer 'local bottom' below the 13 dollars mark. I'll take my 5% win, wait for another drop in price before I go back in. ---- ESP Esta es mi segunda operación...

salomondrin

ENG: - Carvana is a used car dealership that operates like a unicorn. (they don't make money, they operate on loses). - Sadly, Carvana is NOT a tech company that can generate additional revenues in any other way other than: SELLING CARS. - Used car sales for the past 2 years went crazy towards the upside, and are now crashing fast. - Most car loans generated...

salomondrin

ENG: - I adjusted the tend line going from the top to the bottom of the channel just a bit. - Once adjusted, you can see price using it as a support on it's way down. - RSI losing strength - And all the negative press Elon Musk is getting will continue to get worse for a bit with the release of the Twitter Files. TESLA is one of the very few things I'll...

salomondrin

ENG: 1. We graced the local tops (high $14's). 2. RSI lost a lot of relative strength at that number. NOTE: Even though I'm a big believe in SOLANA, I am expecting new lows. The only reason why I had some SOL available right now is because I sold an NFT. I'm not buying anything right now. -------- ESP 1. Rozamos los topes locales (altos $14's). 2. RSI...

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ENG Everything I'm looking at here in this chart is telling me the PRICE IS GOING DOWN. BUT , when you pay attention to seasonality, private interest for the United States, Russia, OPEC, etc... (they wanna keep prices up. ) I wouldn't buy or sell right now. Feels like a boring range to be trading, and also very easy to quickly change based on a few...

salomondrin

ENG We did get a rejection when we hit that massive year long RESISTANCE from our current downtrend. Now the level to look after is the 3900. If it breaks below that level, I would be expecting a bigger price drop. Remember: 1. Not a lot of investors are covered towards the downside right now. 2. People are greedy, expecting the Santa Clause Rally 3. Lots...

salomondrin

The VIX's RSI indicator shows us a low it hasn't touched in many many years! How do I read this? As a BIG MOVE TO THE UPSIDE COMING which coincides with the SPX hitting a resistance at the moment.

salomondrin

I adjusted my "peaks resistance" line to the peaks of each bounce up. Right now the S&P500 seems to be going strong at around 4,030 mark. Very few people are covered towards the downside and greed seems to be taking off. If I held the index, I would probably sell here (just a note for myself)

salomondrin

On the chart, we're seeing that bounce towards the resistance above. On the news, we see Russia and the OPEC thinking about reducing oil production to keep prices high. We saw Qatar selling all that gas to China (a massive amount). We are hearing more and more about blackouts in Europe.

salomondrin

Perhaps another retest of the bottom prices we saw a few months ago? If so, a good time to buy a little tiny bit for my ass.