Green Wave 4 may turn into the Orange Wave 4 based on Elliot Wave Theory.
The Wave 4 FIB shows a potential target of 2.618FIB ($50k - $54k)
2.618FIB EXIT POINT:
$50k - $54k
The ORANGE 1929 CRASH Measured Move for Green Wave 5 is $54k.
2024/2025:
Market Top
2030:
Market Low / Great Reset / The Fourth Turning
Lets see how this narrative plays out.
See you in...
Greetings everyone. Check out my chart comparison of the period just prior to the stock market meltdown (on bottom) to where we are now here in 2022. Looks awfully similar to me. All kind of voices screaming don't fight the FED this decade plus long bull market.
Now with the FED raising interest rates leading to demand destruction with the intent of...
BTCUSD just had a new week and I wanted to get the data on the close on both the On Balance Volume and combine it with the MACD. I will link just a couple of ideas to supplement this idea so it isn't to repetitive. Each idea covers a different set of indicators and guess what? All bearish. A review of my post history will show I have not vacilated between...
Oil the biggest traded commodity globally by far and therefor best indicator to detect commodity price inflation imho.
From Investopedia artikel Why Didn't Quantitative Easing Lead to Hyperinflation? the following snippet:
"During the Great Recession banks still had bad loans and toxic assets on their balance sheets as a result of the housing bubble burst and...
TVC:GOLD
In March - October 2008, gold was slowly crushed under the weight of an economic recession in full swing and sold off approximately 25% from the highs in February 2008. As counter-intuitive as that may sound to gold bugs, it is clearly shown that gold did not begin to perform well until near the lows of the Great Recession. As we approached that time,...
