The Technical Analysis
Fundamental Analysis
- The Price action & MACD both on log chart
- RSI had a technical double bottom and price action set a higher low
- MACD moving upward upward
- Triangle due to break out
- RSI very likely to swing to oversold based on history
Fundamental Analysis
- Yield curve inversion
- Greenspan says NO BARRIER to treasury yields going negative
- SPX only up 5.3% in two years
- SPX in a broadening channel, see linked post
- Foreign indexes set lower highs already
- Trade war
- Brexit
- Hong Kong
- US Farmers at highest rate of default in 20 years
- Baltic Dry index setting highs after over 5 years
- you can put silver in a sock and beat some to death with it, but can't do that with bitcoin
Comment:
If you follow me but not my silver/bitcoin post I highly recommend you follow this post, just so you can hit the play button with me once a week or month.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
