Small banks account for about 70% of #commercialrealestate. Small #banks are considered those with assets less than $10B. We've been bearish CRE for a long time. We believe that this sector will likely not get better anytime soon. #interestrates are still holding fairly strong. They are at banking crisis levels or higher. TVC:TNX
Current state of the short and long term #Yield. The 1Yr is underperforming against the 2Yr yield. However, it looks like it wants to push higher. 10Yr vs 30Yr The 10Yr is performing lil better than 30 but....... The 30Yr has a BULLISH short term crossing over longer term moving avg, RSI also looks strong. IMO yields are looking good. Seems like there is still...
Yesterday, CRYPTOCAP:BTC broke out of the symmetrical triangle we had spoken about two days ago Today; #BTC RSI is breaking out of downtrend it's been in. Money flow pumped higher for #Bitcoin over last 2 days. All this has happened while the volume is lower. This can only mean one thing....... that is a lack of sellers. We're still bullish on #crypto 48k...
Daily CRYPTOCAP:BTC shorts are non existent at the moment. Short term, the #BTC downtrend is still intact. There's a tiny symmetrical triangle formed. (direction broken will dictate the push) Volume is paltry. As if there is a wait for something. $ Money Flow & RSI not showing much. ---------------------------------- Weekly Chart $ Flow better vs Spot...
Good Morning Update Looking at the short & long term Bond Yields. Short term (3M & 6M) yields are trading above bank crisis levels. The 1Yr & 2Yr #yield are underneath the crisis levels. The 10Yr is currently at those levels & 30Yr is above said levels. Makes one think....... How much longer can #banks support these levels? CRYPTOCAP:BTC AMEX:GLD ...
Good Morning! Let's get it done! Look at #yield for 1yr - 30Yr. What do you see? Last week we said they looked 2b bottoming out a bit. Do any of these look weak to you? RSI above halfway point, solidifying the possible bottoming process. Short term #Interestrates keep testing the top part of the white line. The more something is tested the weaker it becomes and...
CRYPTOCAP:BTC will likely see 1 more dip before it resumes it's uptrend, WHY? There is still a decent amount of bullishness out there. HOWEVER, if #Bitcoin can do the following: RSI hold above halfway point $ Flow gets better, which coincides with... Buy volume increasing Then the drop will likely not be harsh & we could have seen the bottom,
There was a plethora of PUT SELLING on NASDAQ:TSLA yesterday and the sellers must not be happy today. OUCH Most of the contracts were at least 6 months plus so they have time unless #Tesla stock gets put to them. Weekly shows selling for last few weeks & the downtrend stopping all advances. (not shown here, pls see profile for more info) Daily, it's @ 2nd most...
We saw #yield, US #Dollar, & #oil looking decent & trading with some strength. #stocks are a tad weak but so is $VIX. Want to show this chart again. CBOE:VIX can trade in the ORANGE support vicinity for 2 years. Every so often it'll have a fast and furious rally. Seldom does it hit YELLOW support area but when it does, it usually signifies that upcoming spike...
Pretty good calls on the following: (see our profile for more info) The US #Dollar maintains its upward trend. The 10yr #yield is also looking pretty decent. The 30 Yr bottomed before the others and has been leading #interestrates. #OIL broke downtrend and has been looking better.
Good Morning/Afternoon Update The CRYPTOCAP:BTC GAP was FILLED yesterday. 38k is minor support, don't expect a stand there but bounce possible. Dotted lines are Fibonacci levels. #BTC 37k price target very close. #Bitcoin 32k is a stretch but anything is possible with a volatile asset. Bearish moving avg crossover is shown by the yellow...
Since the price action reversal on CRYPTOCAP:BTC it has been struggling. (also sold CRYPTOCAP:ETH & CRYPTOCAP:LTC few days later) There is way too much positivity in this space for what's happening. #bitcoin is at the top portion of the gap, but may not hold and will likely fill & trade lower. We have been huge proponents of using futures data vs spot...
Good Morning Update The US #Dollar is holding the recent area it broke above. It looks like it wants to push higher. How high can it go? We will see but it should face a pause where the at arrow is at. This area has been an issue before, short term at least. TVC:DXY Have to say that the weekly on CRYPTOCAP:BTC is UGLY. #Gold not as bad but looks a little...
Good Morning Update Unless this reverses it looks like it is getting stronger. Thought #interestrates were supposedly going down? 10Yr #yield looks very good & the 30 Yr has been pumping for a bit. 2Yr stopped falling, is it bottoming here? US #Dollar pumping as well - TVC:DXY We've been warning.......
One of our #ETH TARGETS has been hit. The Gap is FILLED! CRYPTOCAP:ETH doesn't look as bad as CRYPTOCAP:BTC but it is weakening. Keep an eye on #Ethereum volume. Very important short term. As we've been saying for some time now, #ETF , or institutions, are NOT what #crypto is about & makes it easier to manipulate #crypto. It is what it is now. On ETF...
We are not trying to toot our own horn with this post. There have been a few accounts that were warning about a CRYPTOCAP:BTC top. HOWEVER, they've been saying it for some time. Broken clock is also right daily. We began to warn few days BEFORE the #BTC melt down. 48k target, like we stated, was likely a short term top. We rang alarm bells on the 9th & WARNED...
#CPI data is out and it came out a lil higher than expected TVC:DJI broke out of the small downtrend officially yesterday However, volume was weak, likely because of CPI data today Keep an eye on RSI & $ Flow for guidance in direction. Want to see break above for RSI. Holding 36kish is a good sign for AMEX:DIA --------------------------------- Not much on...
CRYPTOCAP:ETH has been hovering around Major Resistance for some time and it has certainly held well. There's a tiny downtrend but this can easily be broken today & on HEAVY VOLUME. #ETH RSI & $ Flow are looking petty good, not bad at all. 1st target called long ago was 2300. Next target is the Gap fill and that sits around 25-2600. Then the final target...