I'm talking about the inflation adjusted chart high of 1980, not 2011...It seems this is the first big yearly time@mode signal in it since the bottom in 2001. The highest low resistance zone in the yearly chart, from 1980 had kept price subdued for years but the recent measures introduced to fight off the Coronavirus induced crisis and societary cost will have an...
Kinda cluttered, these are areas I'm paying attention to, depending how the market enters those zones I might think about taking a long/short position.
Some fun facts:
- Fiat currencies get stronger in market corrections, since people are selling whatever they can for dollars/fiat.
- Approximately HALF the volume on the US equity markets is generated from...
Pretty self explanatory, shaded areas are where I think price will turn, based on unfilled orders existing right outside those candles.
I'm particularly convinced by Jim Rickards(youtu.be), who argues that gold will go through a severe re-pricing whenever the relentless expansion of central bank balance sheets overwhelms the low-yield, deflation-biased economy...
Where to go long and where to short (though I have no current plans to short). I hope to sell %50 of my bitcoin between $2400/2700, sometime within the next few years. Anything above that is after gold breaks through its price manipulation and soars to >$5000, when price inflation finally takes over due to the malinvestment of QE money, which is currently...
