The Exact Bottom for Bitcoin?
This chart seems to point to the exact day that bitcoin bottomed this past January. Is it the final bottom? Will it go lower? Who knows; but this chart is pretty cool seeing how it prices Gold in Bitcoin!
This chart is the Dow divided by the Unemployment rate of the U.S.
I'm not sure if this means anything or not, but it is interesting to look at. I immediately picked out a wedge.... and a gloomy looking one too...
October 2020 anyone?
Just an observation that I have brought up in the past. The link to that post is below. But, I do find it interesting to note that China is the only reason that our Markets haven't nose dived into the ground yet. They keep saving it. Probably because of that "Trade Deal" that is supposed to happen right? Like two weeks ago....."Biggest Trade Deal Ever", remember?
Fed Funds rate divided by the value of the Dow Jones Industrial Average. Seems to be that the DJI is where they are stashing wealth after each crisis. The process would allow them to tank an index like the Dow, buy it up cheap because everyone and thing sold recently and then they fill all their cracks with stolen money. What do you think?
And we were told that...
Hey folks, just a quick update because I had a request for one. I'm at work and have a small amount of time!
BTC had a good run again up to the 4k level. The RSI is running into resistant at the 41 level and the stoch is bearish on the weekly. The price action that dictates my strategy is telling me that this run is over for a couple weeks and will resume shortly...
For BND...the 79.80 level is where the problems are. If it breaks up through the 79.80 level decisively the entire Yield Curve will have to invert until everything unwinds. A rejection would be tell tale of Central Bank intervention. They would be buying stocks and forcing everyone into stocks instead of Bonds.