I see more and more similarities between
2008's crisis and today. The narrative is nearly the same.
On a smaller time frame we can see an ascending wedge almost breaking out.
I'm short at 2590, expecting 2400, then
I hope for a retracement to 2700 in 2-3months, and then full short :)
What are your thoughts ?
Diesbelief time for the bitcoin supporters
"The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett
I hope crypto Market too :)
RSI never been that low on the daily.
But I see no buy back at these level, people expecting new lows to buy, will we see another leg down? What are your thoughts about...
Metals are doing pretty good since few weeks. Uncertainty in the markets, political tensions, good consolidation with high volumes here I'm waiting for a little pullback around 1205-1215 to take a new position on gold , mid-term TP;
TP1 : 1240
TP2 : 1264
I think it's very risky to take position here, I'm just watching, hoping for the previous trend line to become a support, would be very encouraging. If it break down, I'm not expecting a big downside, unless if it break the green resistance. Great probability to stay in his range.
More incertitude in the market due to the tether drama which have a significative...
My previous analysis aged well, as expected, we bounced for a pullback in the 25000's, I'm searching for an entry in zone 1 and 2, tiny stop loss because risky move, for big r/r. If the sell off continues , a very good TP would be around 24050-24100. What are your thoughts ?
Today DJIA made a new ATH, breaking the previews resistance but failed to stay above for now. Multiples bearish divergences, as you can see the last time we saw a divergence like this it was follow by a correction, the economics context isn't very good, and October isn't a good period in markets. So I think we could see an other correction in coming days. What are...