The only thing which gives some excitement for us, is a forming MVO bear/bull/bear switch on 2D MV momentum chart for RUI/SPX. 2D MV chart shows the same. In a few days, if that switch is formed, then we will see a major drop on stocks in a week (10-15% drop from current level). Then primary target will be SPX 4030. Otherwise nothing new or unexpected on our traded assets. One thing you need to check is the rising dollar versus falling bonds. This is a toxic move meaning intitutional money pulls money out of stocks, cashing out and flips that to an another currency instead of moving into bonds. If that move is persistent, then US default won't be just a possible scenario but things will start to move heavily on that direction.
While SVT is short on stocks and long in Bitcoin, this makes good money for the portfolio, however, as I really like USA as a country, I hope that it won't happen. Please note that SVT uses its /ES short as a hedge versus its BTC long, and this, 200% BTC long vs. 80% equity short has a timing context: while equity short is for the next max. 2-4 weeks, BTC is for long months. In case of default or close to default status, the two assets will move into their direction and make a 280% profit, but in a short-term, the hedge short will be covered and BTC will stay. However, in case of a real default, the value of dollar will turn downwards, equities will collapse and bonds as well. Then the BTC long will use its multi-leg, independent valuation to other fiats and will represent an objective value, which can be 500K or 1M dollar while the purchase power of dollar will be 1/5 of 1/20th of its current value. In case of currency default, value of currency goes sharply up, but then falls on a hysteric way. As dollar is a world reserve currency, I don't feel it will happen, even this, current monetary system (reserve banking system with artificial injection from central banks where money supply is accelerated by commercial bank's money multiplicator function - debt makes money and money makes debt where banks make money from thin air) is brutally fake and unsustainable.
While SVT is short on stocks and long in Bitcoin, this makes good money for the portfolio, however, as I really like USA as a country, I hope that it won't happen. Please note that SVT uses its /ES short as a hedge versus its BTC long, and this, 200% BTC long vs. 80% equity short has a timing context: while equity short is for the next max. 2-4 weeks, BTC is for long months. In case of default or close to default status, the two assets will move into their direction and make a 280% profit, but in a short-term, the hedge short will be covered and BTC will stay. However, in case of a real default, the value of dollar will turn downwards, equities will collapse and bonds as well. Then the BTC long will use its multi-leg, independent valuation to other fiats and will represent an objective value, which can be 500K or 1M dollar while the purchase power of dollar will be 1/5 of 1/20th of its current value. In case of currency default, value of currency goes sharply up, but then falls on a hysteric way. As dollar is a world reserve currency, I don't feel it will happen, even this, current monetary system (reserve banking system with artificial injection from central banks where money supply is accelerated by commercial bank's money multiplicator function - debt makes money and money makes debt where banks make money from thin air) is brutally fake and unsustainable.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'