The bottom indicator suggests any change in momentum will be downward as several different momentum lengths are all peaking around the same time,
Notes: US30 (AKA Dow, YM) In upper chart in RENKO
Therefor the time axis is irregular. But the time of interest is NOW (where the penguin lies)
Inflation is erosion of the dollars buying power: ( when consumer prices are changing (rising) faster than the value of the dollar.) One way to quantify this is the ratio between the Dollar (DXY) and CPI (the Consumer Price Index). A decrease in this ratio is consistent with the concept of inflation
As of August 9th 2020 two analysis below (A & B) show** the...
Changes in the Gold/Silver ratio indicate changes in the demand for Gold as compared to demand for another precious metal, namely silver. Ratio increases often coincide with accelerations in market volatility and, consequently, money flow to Gold, long considered a "safe haven".
The ratio's climb is approximately linear and the black trend line is consistent with...
The chart shows the sharp increase in US "money supply: upon Senate approval of a $2 trillion coronavirus stimulus package
Money Supply: There are two definitions of money: M1 and M2 money supply. M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler’s checks M2 money supply is less liquid in nature and...
Inspired by the analysis of @pkcap, all mistakes are my own
Chart shows the relationship between the NAS100 index (futures) and unemployment. Note the pop in unemployment due to covid lock down.
Will the index fall? Can it be propped up by the Fed until elections?
The data series for US Corona (Covid19) deaths appears neat and smooth in Heikin Ashi candles.
Main stream analysis focuses on positive aspects "were in this together".
The chart presents a refreshingly negative (and incomplete) analysis and must be sung to "Hotel California"
Inspired by @Rag2riches ideas and lyrics
ATR and Momentum are built in indicators that are not indicators . In other words, they are *not* lagging simplifications of a process (ex. stochastics) and they don't give approximate readings between 0 and 100 that require further interpretation. Instead they give precise real-time measurements of price change in dollars and cents (or other units) without...
The tickers are MMTW, MMRH and MMFI.
Interesting that they are close to historic trend-lines given recent volatility (date: 12/11/18).
Possibly a unique opportunity to take a longterm position (days or weeks) in equities.