1. Gold Historically, Gold and Silver crashes weeks before market crashes. This is because of a big rise in the dollar. Silver is heading to 25 and Gold to 1675.
Snapshot of 2008:
Snapshot of 2000:
2. DXY and Inverted SPY DXY looks bullish and heading to 95 then 100? On Jan 7th 21 we saw the dollar stopped going down and stocks continued to go up. In early 2021, We saw interest rates rise and keep the dollar from falling.
3. TLT TLT is gaining a bid along with the dollar. TLT and DXY are the two best risk off assets.
4. Lumber Lumber crashed
5. Euro
Its best to see which direction these assets go before making your next big move or not.
Comment
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Comment
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Found another reason LOOK: 30 Year Yield and Yield Curve
This will make some traders think! Nice charts as well. It was featured in Editors' Picks. Let's see how the trade plays out
LOLLOGIC
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Absolutely glorious thanks a lot!
bm8ter
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Something I've noticed on TradingView is how quick some people are to take offense to someones predictions, or to totally miss the point of the post altogether .
Educational posts that use a specific chart as an example to convey a point are just that; an example . They aren't meant to be trade calls , smh . Emotions are real ....
googooboyy
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Indeed.
ks007321
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you nailed it, it's kinda like twitter, if you dont like it, DON'T FOLLOW. Social media sucks that way!!
HEIL0NG
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@bm8ter, cant agree more, for me it means that if anyone take offense on a chart its because it goes against their confirmation bias on the position they are heavily invested in, so they'll fight you no matter what to keep their narrative intact... stay safe
bm8ter
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I really love this kind of Market detective work. This is what separates the pros from the wannabes in my opinion . Great post.
Trend_Chasin
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@bm8ter, Lol. Some of the greatest traders that ever lived have never spent any time looking at charts. Every person has their own way. The only thing that separates the pros from the wannabees are profits.