Apple returning to broken trendline after hitting the 1000 dma. Not that the 1000 dma has any significance but its an interesting find. The interest comes from the return to "normal" if you will by skyrocketing unsurprisingly due to an unhinged increase in investor risk appetite. Who cares about losing money when it could triple again in a couple of years right?
Bartiboi, the staple of BTC price action
Here comes the breakout, looking to short the extended wick before the price action collapses entirely on Fomo and subsequently fear
Excessive reduction in volatility as equities climb higher and higher. Hope spreads across the land and extreme greed is overcoming. Volatility will come back with a roar
Looking like a setup for lower bond yields, higher prices. Curious how this will affect the markets if it keeps dipping. Short on the yields but long on the bonds
Breaking down and retesting. Looking for continuation down
Despite the supermassive rally Which I still firmly believe is a bear market rally, RSI still struggling to climb into oversold territory. Looks like short term reversal could be right around the corner
Cup and handle continuation. Shitcoin but signals are good.
Its been awhile since I touched up on this chart. After we had the large breakout and immediate reversal into lower lows for the yield. This means that bond prices are rising most likely due to increased demand. Usually, yields go up with a rising market, not the other way around. Which means that despite the recent market rallies, large amounts of money are...
1. Short term signal inverse head and shoulders rolling over. Watching for that confirmation into position. 2. Another probable scenario could play out where price action breaks out similarly to the previous top. Makes a very short term new high and collapses again. 3. and of course the 3rd unlikely but possible still where we continue to see insane growth...
Short setup on fake breakout. Stop loss in case Saudi Production cut have a bigger impact than increasing production in the permian and US shale
Saudis cutting production and limiting oil supply like its nobody's business. On the other hand, the US is producing and exporting oil like its the Saudis business. USA is set to surpass major oil pruducers and claim the number 1 spot. Look for how it affects oil prices going forward. So far, resistance stated a few weeks ago still holds. the large influx in...
Overextended due for at least short term pullback. watch for a potential upside breakout. Although the top of the channel is good resistance and could looking to reverse
Fundamentally and technically strong chances for decrease in oil prices. See linked idea for more details into longer term outlook. Short term technical outlook is more losses as well. Good resistance at 57$ previous vpoc.
Historically speaking commodities have been a strong leading economic indicator. Fro lumber to steel and copper showing strength in construction and manufacturing of electronics. Now yet another piece of the puzzle presents itself. The cobalt bubble. Used mostly for manufacture of Jet engines (Watch out BA), the cobalt bubble also imploded in beginning of 2018...
Surprising how bond prices dropped while the indexes went down during the beginning of the trading day. Well see if it gets passed our range or if we see a continuation downward.