Clear wave pattern seen in the XLF -0.25% ETF .
I'm expecting one final push up from 23.54 right now in the next few weeks with a target of 24.76 (76.4% retracement of 2008 highs).
It would have been pretty good level to accumulate some long term puts up to a year.
The anti-bank sentiment is far from over, and ...
Despite the bond bubble right now, I believe there's some room for another rally in bonds.
The election of trump have seen stocks driven to record highs, and bonds/treasury/gold crushed. The longest stretch of inflows into US equities since 2014 when the dollar rallied 20%.
Net short in 10 year bonds are currently ...
Bitcoin broke back up today.... I just took another look at the weekly chart.
This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top)
Aligns well with USD, almost breaking up of triple top with a possible 20~30% ...
Key neckline breakout.
The low of wave 4 is probably seen by now, and will not move much lower. (previously 1.28 was still possible)
Q3 exports was down a massive 4.9%.
Trump presidency that will render the current Transpafic Partnership (TPP) under discussion obsolete.
Increasing competition from regional ports ...
All in with stops at $41... oil is going much higher soon.
strong bullish movement here with constant rejection at $41
It looks unlikely that we might see an September/October market crash if oil starts its next big leg up here, which is historically volatile.
Any confirmation of uptrend may easily bring SDRL ...