This is your map, it will help you make decisions over the next decade. I don't know what the future holds but I know it'll leave an imprint on this chart. Now you know where to look and what to expect, now just grab some popcorn and watch as your world changes and you stay ahead of the market.
I'm always going to take the contrary position to the herd, especially if it would be obvious in hindsight.
Both SPX and BTC are stopped at the upper end of a channel. DXY is plausibly in a reversal zone, and UVXY is forming an inverse H&S.
EVERYTHING REST ON WHETHER OR NOT DXY CONTINUES DOWN, OR REVERSE BACK UP. With that said, think about the global economic...
Hard to tell which channel will win. Printing money like crazy suggest the bear channel will win. However, if you consider the potential for the Eurozone to collapse, or the CCP dissolve, it's perfectly legitimate that the USD will see a new high value in the future.
@George Soros, you know where you'll come in, right?
Here is my macro view. I think the dollar is going to be very strong over the next couple years. I also believe that crypto currency will bottom and reverse before equities do. You see it correctly. I'm calling for a 2 cent zerp. Yes, occasionally I do hear voices.
Oh, leave your crazed fantasies of Lambos and what-not below.
This was inspired by TradingShot's chart. I added a channel because I think it provides more clarity. While I think it'll stay within the channel, I don't know how far it'll go. If the establishment wants communism, this is how they'll get it.
We're heading toward the .65 - .618 of the overall trend, where very powerful MAs and a macro trend line converge, along with the .618 of my proposed 1 wave of the macro 5th. The question is, will the FED be able/willing to keep the market above this trend line or will they let deflation take the market to the very edge of the trend? This would still be an...
Not sure why it seems like when XRP pumps you can expect BTC to sell off shortly after. I assume it's because BTC has greater liquidity and it's easier to sell off a bunch without fluctuating the price too much.
Could we be gearing to head to 6 trillion or are we going to see a decent pull back? Equities market seems to be ready to pull back, global economies looking rocky, trade wars leading to possible actual wars...I'm kinda leaning long now.