Ever dreamt of being an oil refiner? Fret not. You can operate a virtual refinery using a combination of energy derivatives that replicates oil refiner returns.
Crude oil is the world’s most traded commodity. Oil consumption fuels the global economy. Crude is refined into gasoline and distillates.
Refining is the process of cracking crude into its usable...
Looking back to 1928, when the time series for the S&P 500 began, U.S. equities have had an average annual price return of 5.9%. But gold isn’t far behind with an average yearly gain of 4.9%.
It can be instructive to reprice equities in gold terms by dividing the S&P 500 index by the dollar price of gold.
The S&P 500 to gold ratio has been through broad swings...
CME Bitcoin Futures : Gap filled
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment...
Will the 2020s look like the 1970s with unstable inflation and soaring prices? Or will we return to the 2010s with low stable inflation rates of around 2%? There is a case to be made both ways.
Those who worry about the possibility of durably higher inflation argue that the quarter century of low, stable inflation rates was a consequence of the end of the Cold...
As you see on the chart, there was very important #CMEFUTURES gap at 35 - 36K area which was opened in #luna collapse times. Now, #btcusdt price has CLOSED this historical gap and what now?
It' s too early to say #btcprice will go on through the #bullrun or " BTC will directly go to close the OTHER historical GAP at 20 - 21K region!.."
Now, just relax and watch...
Not too long ago, watching interest rates was as boring as looking at wet paint dry. Not anymore. Interest rates and currencies are as interesting as they get. The US dollar has been clocking moves more akin to an EM currency.
The greenback has been on a rollercoaster ride over the past three months in line with market expectations of Fed’s interest rate policy...
I present to you a possible scenario going into the weeks ahead .
Gold finished Friday 13 Oct very strong with a move that no doubt destroyed many whom were taken by surprise with the aggressive move out of 1880 back up to 1945 in one trading session .
The question is what's next? Well no one has the exact answer but here is a possible scenario which could be on...
We are entering an important zone ➡️ above previous high and around 0.5fib...
Let's wait and see if we support or lose the R/S line. When lose, I close my long CRYPTOCAP:BTC position and start to look for short setups... If we support, we will continue 🐨
In the chart you' ll see the CME GAPs. Market maker will want to price #btc to these zones. There' s also a huge liquidation these points and also 23500. Sooner or later, these three prices must be visited. The second variation may be like : First 23500 then 20000s and then 35K.
NOT FINANCIAL ADVICE. These are only my notes. DYOR.
My followers know that during the last price pump by BTC to the 200 day moving avg., I took 50% off ALL trades, altcoins included. I then moved all my stops up to just above breakeven. I have been out of the office since Wed. and came back to notice that some of these stop limits have been triggered.
XRP at .50
ETH at $1638
BTC at 26403
LTC at 65
In the world of cryptocurrency, Bitcoin (BTC) stands as a cornerstone, continuously captivating the attention of investors, traders, and enthusiasts alike. As we venture into the next few months, the Bitcoin market is marked by both excitement and uncertainty, presenting a myriad of possibilities for those willing to navigate the ever-shifting tides.
Hi Guys, Hope you well,
This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market.
now we have two nearest Gap First of one in 35000 zone and another one in 20000.
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
“We are not addicted to oil, but our cars are”, said a former CIA Chief, James Woolsey. That addiction is on the decline as we pen this paper. Love it, or hate it, but you cannot ignore it. Crude oil powers the planet. When global economy stutters, oil prices plunge.
Midway through 2023, crude oil demand appears wobbly on recession overhang and shaky economic...
Russell represents the true economy of United States.
There are 2,000 medium size companies with each value between $300m to $2b. The index includes a diverse range of companies from various sectors, including financials, healthcare, consumer goods, industrials, and technology. In my opinion Russell represents the true economy of united states.
If the bank run...
How often have you heard this term “CME gap” on Twitter, Reddit and other social media platforms. People usually refer to CME gaps during and after the weekends. “There is a CME gap at $9800”, “Bitcoin is about to make a huge gap on the CME chart”, “gap has been filled” and so on.
What is CME
CME stands for Chicago Mercantile Exchange. It is the world’s largest...
2 year, 5 year, 10 year and 30 year yield are all showing a similar characteristic:
· Low established in 2020
· Major support trend started forming since then
· Seem to have completed its retracement with a double-bottom
· Resuming on its major support trend
· Target to break above its recent all-time high set on Oct...