This is a pretty bleak chart illustrating how printing more bad money is not the solution to a broken monetary system. The FRED:M2 can be seen gradually increasing at around a 30 or so degree slope until about 2011 onward where it becomes steeper... then at the beginning of the pandemic -- it turns parabolic. During the same period you can see the FRED:M2V ...
USD/CAD solid momentum break down. Bearish engulf candle at the break. I'll be looking for retest & resist of resistance if I will consider this play for a short-setup. What are your thoughts?
The parabolic ascents seem to end in a couple cases around spring 2023 (April) if the parabolas are correct and hold up. This is all based on the magic of compounding (debt). At some point the debt bubble gets too big and pops.
It’ seems that velo making a cup and handle pattern Lets see what happen What do u think ?
Bulls will need to see this volume bar at continue to increase in magnitude. Failure to further develop the volume at the current spot price likely suggests pullback potential; pullback potential is limited, perhaps, to the next lowest volume profile peak circa ~56,965 USD. Notice, the 54,391.69 to 49,244.89 has notably low development on the volume profile; this...
For HK, this is the most important Chart we follow and obey. The larger TF here - Daily - perfectly illustrates how Price moves along a trend range... Until it snaps and collapses quickly. This is precisely what we believe will occur in the next few weeks or perhaps sooner. We will see a sharp reversal with 2 distinct thrusts down as primaries. Time is running...
Need some news or a fresh catalyst to get this thing going through $120s. Starbucks is a preposterously strong stock. Use appropriate size.
I have found it amazing to watch such phenomenal amount of money pump into ETH, €40 Billion Euros pumped in today, but it is such a velocity that if this continued ETH would have a market cap as big as Bitcoin within a month, surely a correction must be imminent, if this is the top line for today, have we found our new resistance line for a short while for a...
Should to return to either, or both, previous climbing velocity or longer trend velocity if on route to new ATH. Previous Velocity would requite 17 days average minimum.
Looking at M2 it looks incredibly Inflationary but where exactly is that Inflation? So I had to dig deeper, if you look at M2V, the Velocity of M2 or in easier terms, the number of times that the average unit of currency is used to purchase goods and services within a given time period, you will notice a sharp decline in M2V accelerated by the pandemic crisis. Now...
ETHBTC keeps going downward with no indication to change yet; the most recent ALMA acceleration peaks (purple) keep hitting the same high levels. And the ALMA velocity is currently peaked and trending down.
NYSE:VEL is breaking our of the ascending triangle. Anticipated price action and targets are shown on the chart. Closest stop level at 5.4$ or ideally at 4.65$. Hit the like button please if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!
Hey y'all, Somebody care to explain the anomaly of 2020 here? This has never happened in the 40 years of data here, maybe it happened sometime before. What has the FED f up now? And what does it mean? As I see it either the dollar gives up and goes full kenukistan, or GDP Goes down again. They can also try to print this s away, however it seems that by printing...
I'm ready to start making gains on $LINK again, I don't know about you guys. We've got favorable conditions for some profit over the next month if things play out accordingly. As always, DYOR, but the way things are looking on the daily, in my opinion LINK is continuing it's consolidation with slowing velocity and unless the price closes well below support or...
Hardly surprising though, this has taken place whenever GDP contracts & unemployment increases as it certainly will this year. I think one would suspect that this could lead to risk of deflationary effects - which I know sounds odd when one thinks and sees first hand the rampant money printing and radical expansion of money supply, and inflation increasing. I am...
MZM money supply is M2 Money supply less small-denomination time deposits plus institutional money funds. Recall that M1 = coins and currency in circulation + checkable (demand) deposit + traveler’s checks & Recall that M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits. MZM Money supply is at ATH which generally...
M1 = coins and currency in circulation + checkable (demand) deposit + traveler’s checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits. The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it...
Parabolic run!