BTC is heading lower. clearly it is in a bear market. $19,000 is next support level where buyers might come in and pray for a bounce. the FED will need to keep money loose to maintain the speculative mania. We're still far from sound money policy. HDOL all the way to ....
the bubble has popped and now the rats are fleeing the sinking ship. $1300 will hold for a while as the believers will buy and pray for a bounce. Next level within 6 months is $800.
price is sitting right on the neckline of H + S pattern. 2W RSI is below 50. price is also under the EMA line. more likely than not, the SPX is going to break down in the coming weeks. get your shorts ready.
trend line support has broken BTC heading to retest 29,000 again. keep hodl-ing.... 29,000 will eventually break. next target when this happens will be 19,000
SPX peaked. expect a long lasting bear market. expect a 61% fibonacci retracement... central bankers are the market. we live in a world without consequences where you can have your cake and eat it too. well that was the narrative for the past 10 years. The piper will be paid (in full) in the coming years. 2 options - hyperinflate it or crash it. with all the...
IGO @ the upper end of the range trade. take profits. 1. price @ fiboancci level 2. shooting star formed. 3. RSI @ upper limit (expect a pull back)
2WEEK chart shows bollinger bands narrowing in a small range. this typically signals a breakout is about to happen,. I expect BBOZ to move sidways in this narrow band range for some time. but when the XJO crashes.. expect BBOZ to break strongly to upside. BBOZ still clealy in a bear market as the RBA is sponsoring the XJO higher. it works until it doesnt.... thiss...
this is the 2W chart for the previous post. i need to tyype more so i will previous post was good. but i dont want to type itup again
2week STO chart looking good. RSI shows a breakout and price confirms it. expect the $9 mark to be broken oil price has moved first but now the oil producers will follow . confirmation that oil prices will remain high for a long time...,.. unless the house of saud starts pumping more.
TEST RSI showing a breakout could happen. price chart looks bullish and up trend is visibly in place. price has broken out with a strong green candle closing higher than the prev 2W closing high. ** RSI showing congestion. RSI will lead the price breakout. buy PRU if RSI breaks from the resistance level. RSI also holding mostly above 50 which confirms bull...
NAB hitting resistance level. time to sell. fianance is really political rather than economics. RBA has to step in to save the banks from getting smashed. if rates rise all those loans will be liabilities and the banks who make up most of the index will get smashed
Daily chart shows the information. candles sticks showing reversal PRICE level is close to forming triple top. AUD 10 Y yeild is hitting 3% and close to breaking out the shares will move higher if rates stay low (RBA will need to intervene and buy up bonds) what will the central planners decidie? CRASH it or INFLATE it away????
NEwmont looking strong daily chart is breaking out. made all time new highs Gold price is also holding strong. $USD is collapsing US 10Y bond yield will not be allowed to rise. Barrick still not moving as strongly.
daily price chart. well 2 day price chart shows confirmation of higher gold prices in the coming months. 1918 has been cleared so we might retest all time highs in the coming weeks. next target level is 2100. will it pull back @ this level or just smash right through?
both 2 week and daily chart looking bullish. 4 previous days have been strong GREEN candles. buyers like this break out and price closing higher at the close. time to average up on WGX. gold will move higher too.. expect new highs in GOLD within the next month or so.
ok. the daily line chart has formed a h+s pattern and this pattern has also broke down from the neckline expect lower prices as the top is in and CONFIRMED. the CEOs and insiders have already sold most of there stock last year. fibonacci levels will show possible bounce points. FED will raise rates as inflation is out of control. its not 7.5% .. more like 20%...
expect the GOld price to follow. sometimes GOLD leaders the miners and sometimes the miners lead the metal. strong daily surge in barrick SP today. US 10Y is at a criticial point too. lets me watching these 2 indicators in the coming weeks.
OIL breakout confirmed on 2W chart. closed at a new high. Fed will continue to print despite inflation being out of control. next stop for OIL is $111.