IanSinclaire

DOWGOLD Ratio - SHORT; Look where it is sitting!

Short
What "global recovery"??... Are "they" serious? - Of course not. But it is entertaining, that much is true.
Going long Game Stop makes a great deal more sense than owning US equities - or any other, for that matter.
(At least a case can be made for he former .)


... and here is one (among many!), reasonably reliable Risk On(Off) FX pair ...
... which says that the title chart just hit the wall.
Comment: Here is an other "Risk Off" FX pair ...
What is that telling you?!
Comment: Talk about running into a wall.
Comment: How about energy?!
Comment: Here is a true Risk On/Off FX pair telling you:
Risk Off, now!
Comment: The Nasdaq100 Quarterly (3 Month) chart;
Comment: Here is the same - above - chart on a Log Scale;
... should that make anyone feel better ;-)
Comment: Here is the combined Nasdaq100 Post;
https://www.tradingview.com/chart/NQ1!/D...
Comment: A crucial correction to the Title Chart;
I was pondering why this went past the previously indicated PRZ (Potential Reversal Zone) and gap. It turns out that I have over looked that $1.3 Trillion which the US Fed. decided to print (marked in the chart), just to keep markets inflated, right before the pandemic (Covid).
Once that was taken into consideration, everything lines up and thus, it makes perfect sense.

Comments

This is a great read thanks for your insight, makes a lot of sense.
Reply
Amazing insights. Thank you very much.
Reply
IanSinclaire davidismyname
@davidismyname, Thank you. Cheers!
Reply
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