This is not in nay book afaik. So I am claming it for myself.
I would like for it to be called "Bitcoin is a ponzi" top, or you can call it "Bitcoin hater pattern" if you prefer. Interchangeably.
On the higher top the price has to go back to the rectangle area for it to be valid otherwise it's just a correction followed by continuation higher.
Winrate is pretty...
FEDERAL GOVERNMENT DEBT: TOTAL PUBLIC DEBT
At current rate of acceleration, total Federal Government Public Debt will double by April 2023 (4.5 years from today) and then double again by October 2026, just 3.5 years later. By January 2028, total federal government debt will have doubled again in an even shorter time where it will hit a...
The All Country World Index ETF is facing stiff resistance once more at the 75$ level (5th test since Feb 2018). We have had a tremendous rally since the lows seen in December last year, but unless this level can break i would really be cautious chasing world markets. It is clear some US indices have broken to new highs, but the fact that we are still battling to...
There’s an almost endless supply of oil..
Hundreds of trillions of barrels. - We have great friends who have been in the oil business for decades. Deep in these industries.
- They claim to only have hundreds of billions. They have 1000X - 10,000X what they say. (Keeps prices HIGH!)
- Remember that the dollar is now "backed" by oil... petrodollar (your dollar is...
An interesting moment in which the triangle closes and the price should go up or down. In the textbooks it says that in a descending triangle, the price has to collapse, but will it happen?
Unfortunately, I do not have mantic abilities. But what I have seen over the years at BTC does not happen this scenario for the first time. I compare between 2014 and today...
hi, financial crisis is here , in the next months dow jones get down hard to 0.61 fib.and the world economy will go into recession. follow this chart bearish div in rsi and macd, media of koncorde d'ont have volume, mago staperlo in negative zone. you need a plan for this crisis good luck.
FMWO World Markets Near Term Outlook
This index only prints End of Day on Tv.
But it's still useful for a birds eye view of world markets.
It was meant to bounce from the lowest parallel.
Thankfully for world markets it has done.
It should rally back to the 6287 line and then, after a little
consolidation, on to the old high at 6359, about...