Since Microsoft bought ChatGPT back in March 2023, the price of NASDAQ:MSFT stock has gone on to replicate the same pattern as the 1987 S&P500 stock market rally.
Does it mean anything all by itself? No. It still needs a catalyst for the drop to happen. The 1987 stock market crash had many triggers and catalysts and the drop was a sharp 40% from August 28th,...
This is comparing between the super trend of the S&P 500 (Cash) index and the US 10 year bond yields.
Previously, for a good 35 years, bond yields and equities shared a strong positive correlation. (1951 to 1986)
Then correlation swung the other way and for the next 37 years, we started seeing negative correlation. Falling yields with equities continuing the...
Quantitatively speaking all of my systems aggregated are long.
There will of course, be a lot volatility.
Like any other normal crypto upwards trending market.
Not providing and esoteric uber complex system on here since they are private.
Now with that being said, a myriad of things are in the right direction for HTF investing and also if you had a good...
In 2022, the stock market took a hit and the US Dollar gained strength due to higher yields in the US. Toward the end of that year, as yields eased off, the US Dollar lost some of its power, and this coincided with a rebound in stock market performance.
Now, as yields are climbing once again, the US Dollar is regaining strength, but it seems like stocks are...
As traders look for signals on potential moves in the FX market, a frequent question I receive is regarding the relationship between the 10yr yield and the DXY.
US 10-Year Treasury Yield:
The US 10-year Treasury yield represents the interest rate on the 10-year government bonds issued by the United States.
It is considered a benchmark for long-term interest...
When the DXY trends in one direction, Bitcoin eventually follows the other way. The DXY tends to lead Bitcoin a bit so waiting for the DXY to begin a new downtrend would probably be a good time to start putting money back into crypto/Bitcoin.
Wishes for a nice month everyone and let's all pray for logic and Peace in the World.🌍
🎓 November has started with a bang, and we're seeing some interesting movements in the financial market. 📊
Bitcoin's Rollercoaster: BTC took a slight dip today, even after a splendid performance post the Federal Reserve announcement. 💸
Mirror Image: NIKKEI vs. BTC
Upon closer inspection, you might be astounded by the uncanny similarity between NIKKEI, Japan's stock market index, and BTC, the poster child of cryptocurrencies. 📊
Leading or Following?
NIKKEI's chart seems to be almost leading the way, showcasing patterns and trends that BTC later follows.
This observation highlights the...
WisdomTree has long-standing expertise in commodities, and this asset class constitutes a core part of our business. We aim to debunk several myths that surround commodity investing1.
Myth 1: Commodities are only a tactical instrument
Some believe that commodities trade in a range and do not outperform over the long term. Furthermore, they think commodities...
Not many if any definitory positions.
This week in the market is very important in determining the direction of the mid-term.
Current state of the market is ranging and thus trend following systems cannot be used.
SDCA in place for the long-term.
The US Dollar Index TVC:DXY is negatively correlated with the macro Bitcoin BNC:BLX chart.
Indicators like the Correlation Coefficient indicator will display swings from negative to positive correlation between TVC:DXY and $INDEX:BTCUSD. This can lead to a belief that they are not in fact negatively correlated.
But, when you zoom out to a macro view of...
The weekly KGC price chart looks juicy for swing traders and position players, or anyone in search of quicker gold-correlated returns than the metal itself offers (+/- 25%).
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
My trading tactics - including the beauty of...
Australian dollar and Switzerland Franc! Why FED interest rate could effect them?
The Swiss Franc is positively correlated with gold. Gold is FOMC dependable. As a result, U.S economical news could effect CHF and also, AUDCHF. So manage your risk before important news.
There is 1 entry and only 1 TP for this pair.
Strong Bullish candles and weaker bearish moves. Candles are begging traders: BUY!
But the super bullish channel might be broken this time. Remember these kind of channel won't last long!
Take a look at GBPUSD
Pound is going to be weaker against USD
Same for USDJPY:
If I want to favor one to another I'll choose GBP so our suggested entries in lower time...
Bar chart = S&P500, red MA = 111W MA for S&P500 (taken from PI Cycle Indicator)
Orange line chart = BTC, orange MA = 111W MA for BTC
Key takeaway: Notice how we are dipping much lower from the 111 and we are still lagging roughly 8 months behind on the "catch-up" move to traditional markets.
Bitcoin's price chart – a rollercoaster of highs and lows. The Dollar Index, on the other hand, measures the USD's strength against other major currencies. The interesting twist? Their paths can intersect.
🛡️ Inverse Relationship: Reverse correlation is like a dance of opposites. When the Dollar Index rises, the purchasing power of the USD strengthens, which...
In the world of cryptocurrency, staying informed about market trends and indicators is essential for making informed trading decisions. One crucial metric that often goes hand-in-hand with market sentiment is the overall cryptocurrency market capitalization. This article delves into why keeping an eye on the cryptocurrency market capitalization is crucial and how...
The BTC/USD (Bitcoin to US Dollar) and TQQQ (ProShares UltraPro QQQ ETF) can sometimes show correlation, though it's important to note that these correlations can change over time and are influenced by a multitude of factors. There are several reasons why this correlation might occur:
1. Risk Appetite: Both Bitcoin and TQQQ are considered high-risk, high-reward...