Nexusfurian

Nexusfurian

The S&P500 has done exactly as I feared. Thesis: The US is transitioning. The US dollar was the reserve currency of the world. We exported dollars and it either sat in banks or was imported back as investment (Bonds and stocks). When we locked up Russia's money we made EVERY country re-evaluate their relationship with us. A significant pivot is happening on the...

Nexusfurian

GDXJ just broke out and is looking to make a run up over the coming years. Sell once it enters the box at the top of the ark.

Nexusfurian

Housing market rate of change. Panic if it starts to level off.

Nexusfurian

I am seeing the start of a possible textbook head and shoulders pattern on the futures chart. If we have a blood bath next week it could just be the start of the pain. Especially if we end the quarter badly (March 31st). There are a lot of fundamental reasons we should be cautious in this market. Europe is seeing war on their doorstep. China is seeing massive...

Nexusfurian

S&P500 futures show weakness. Buying is not what it used to be and the technical wedge that was giving it support has broken. Due to the nature of this uptrend there is very little support to be found in the local area. If we break any meaningful moving averages a significant pullback is not improbable. Due to the transportation sector's nature of closely...

Nexusfurian

There is no confirmed breakout yet in momentum or price. But, if you look you can see a very clear cup and handle nearing completion. Measured move is aiming for 2 trillion market cap.

Nexusfurian

Gold is a forgotten asset. Just today I am seeing news where BlackRock has near zero holdings of the metal. The chart says there is very little downside left for the yellow metal. This trade is weighted heavily in favor of gold doing well over the next decade or more.

Nexusfurian

I have been continue to monitor this chart for several months and called a SEP/OCT break up or down. It has broken down officially. This is where things get interesting. I will be waiting for next weeks open to confirm a continuation of the move before I am 100% sure. But this isn't looking good for the large cap companies.

Nexusfurian

This wedge formation I have been following for a long time. Price chart is not confirmed yet. However, Momentum seems to have broken down. Something to watch closely.

Nexusfurian

Fundamentally Gold should be trending higher. Or maybe a better way of saying it is fiat is trending lower compared to Gold due to its misuse. NEVER underestimate how much gold can move when real fear kicks in. This chart says there is a bit more downside left in the juniors before it bottoms out. In my opinion, nibbling now and backing up the truck when we test...

Nexusfurian Updated 

The large cap stocks are seeing a significant reduction in buying pressure across the board. I believe there is a high chance this chart plays out to the downside in some way. When? Before October we should see the end of this formation.