inflation is a meme no money printer is going brr learn to QE pls deflation and insolvency INC
Spring loaded ready to melt faces liq the bears dollar bulls uniting Look at that MacD contraction / the divergence building since March on DXY.. heavy stuff. The dollar crises still looms overhead. The recovery is once again decelerating both domestically and globally. Covid cases and deaths are on the rise with Thanksgiving numbers not yet reflecting....
Thanks for reading my chart!
Lack of volume confirmation as of right now - look at the red eye If volume can break through it's current signature, it's off to the races.. If it cannot, I believe this is a short term short squeeze and price nukes soon Shaking bears out of position before the true dump?
Look at my previous DXY post to see the zoomed in relevance of this bright green diagonal line. Looks like decent re-accumulation / bounce territory imo. Im still bullish on DXY and believe this structure was the bottom until this green line is lost.
I'll long BTC if DXY loses this green line Otherwise, DXY should re-accumulate / bounce here and rekt equities and gold/BTC some more
Canary in the Copper mine? Copper just had a spike of volume higher than anything seen in over a year.. and it's sell volume. Typically indicative of a new trend emerging. 420 looks like a good number
Wen rug pull? 1300-1500 bottom for SPX incoming?
we bullish on chickens fam adam and eve macro bottom, long term swing trade looking ripe af
BRING THE PAIN! I mean come on lets be real If this actually plays out, you wouldn't be able to help yourself from laughing at this poor thing making yet another lower high on the macro while everyone screams that this is the next bull run (yet again)... especially when GDP just dropped 33% lmao Would be funny in hindsight : [