NoOneWhoIsSomeone

NoOneWhoIsSomeone Updated 

As we approach the end of the month and a very important next few weeks regarding Earnings Reports and FOMC meeting , it is going to be a true testament of strength for Q2. Right now if we are simply comparing market structure from just January 24th to now, the similarities are uncanny. Something I found most intriguing is that it bounced off support on ...

NoOneWhoIsSomeone Updated 

As we head into next week, markets have been heavily bracing for the FEDs Rate Hike on May 3rd or 4th . War is escalating in Ukraine, World Food Supplies are in disarray, Inflation is still at historical levels, Energy is soaring, and Supply Chains continue to struggle. There are so many Macro challenges building up that simply put, they can't be ignored; No...

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We are currently seeing a clear deviation and decoupling from the BTC/USD ratio. This has only ever happed two other times in November 2018 & February 2020. Do with the information as you will.

NoOneWhoIsSomeone Updated 

This is going to be an extended post but the material here is important/detailed and likely will be rewarding to understand in the end. As the United States faces economic challenges not seen in 40 years, how the FED navigates this environment, and their effective policies will be the make or break for the average consumer. Today, CPI data is currently at 7.9%...

NoOneWhoIsSomeone Updated 

Macro headwinds are at levels that are realistically unprecedented. I will list some of the most important Data points that I feel are very relevant to the current market climate. Here is the 30-Year Fixed Mortgage Average in the US. This is usually the point where the housing market breaks. Here is the 10-Year Treasury Yield, historically this has proven to be...

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These are the two targets going forward as we watch to see if it breaks up or down. Targets are $35,500 after a breakout and $31,500 after a breakdown. Here are the levels for reference:

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The oil market is currently the battleground of a tremendously hard-fought struggle that will likely resolve in favor of higher prices with an increase in volatility along the way. After decisively holding the line above $100/bbl in recent weeks, Crude Oil looks ready to extend gains. On one side you have the price suppression from the US-led SPR releases,...

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As we head into unprecedented territory, most are expecting dramatic moves over the coming months, but I'm going to take a bit of a different stance for this specific analysis. The FED has been pretty adamant about this "Soft Landing" as they announced their planned Rate Hikes and QT. Most believe the FED is either bluffing on their policy or we are 100%...

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Anyone with two eyes can see price action is absolutely dreadful . We have seen rejection after rejection. War is still raging, FED still hasn't done anything, and the market is begging to be saved. This analysis is basically going to be a hedge against my bearish bias which I have strongly held for many months now as we have been heading into this ...

NoOneWhoIsSomeone Updated 

This week is going to be a far more important week than I think most anticipate. Some are assuming markets resume bullish after having previous strong bearish momentum. Things are much more complicated. The number of fundamental factors bouncing around currently is not just a narrative, they are the driving forces in the market. Currently, NDQ is risking...

NoOneWhoIsSomeone Updated 

Putin has proven over and over he has no intention of letting up or backing down . It seems the more the West pushes against him or paints a picture that belittles him he just takes it as motivation . This is not a man who shares our values, beliefs, and overall perception of the world . Wars go through phases. The last phase ended when Ukraine sunk...

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As you can see this Pitchfork shows just how strong of a Bullish Trend the Technology Sector has been in for the last 20 years. Price finally reached a point of Peak. Now, this doesn't mean the top is in but rather shows just where we are in the cycle. Price isn't at life-changing levels anymore , at least based on the previous 20-year trend . In fact,...

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Keeping it simple again. Nothing but technicals here. Honestly, any price action before Earnings is just consolidation. The next few days will be the deciding factor short term. Elon rejuvenated the market today with his breath of fresh air in a climate saturated with restrictions and rules. Elon represents freedom, something we can ALL appreciate. He...

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Elon has once again moved markets without any other action than simply him existing . Twitter has officially accepted his buyout deal and will take the company private at $54.20 a share . So in relation, Doge pumped on this based on the "Rumor" of this deal and now it officially hit the "News" . Sometimes it's always the old simple sayings that prove...

NoOneWhoIsSomeone Updated 

Seems like BTC is finding itself more in more in Make or Break situations . By any measure of previous Price Action, this is completely DIFFERENT . Not only is BTC locked into a localized uptrend , but every other real pump came from a systematic downtrend . I have represented this within the chart. So while I'm not saying it's impossible for it to break...

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I'll concede that BTC can have a bounce here but what I want to emphasize the most is that while BTC may rise from here, it still is locked in a Bearish Flag Pattern. Markets never bow to exactly what you anticipate and will drag things out long enough so you forget about it. Everyone was talking about yield inversions two weeks ago, now it's old news. Well,...

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So the question on everyone's mind is, what now? Well, the answer isn't always so simple. This is a High Time Frame so it takes a long while for things to set into motion. All we can do here is gauge exactly how far this cycle is extended and how far AMD has come. By any measure from this chart, to say we aren't approaching the end of this cycle would be pretty...

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Everyone by now knows the general economic conditions we are in and they are not great. By any measure, these are the worst conditions we have seen in most of our lifetime . Between the chaotic Covid 2-year episode, Roaring Inflation, and the Russia/Ukraine War, we are seeing factors mount up at an unprecedented level. If we simply compare the 2020 Boom VS...