jupomm

jupomm

JNK/TLT explodes. In my opinion this only can be if no recession is seen in the near future. It could also mean: TLT falls extremly fast because FED and Japan/China sell US T-Bonds at the same time in amounts which the market cannot handle at all. The cracks in the system became obvious...

jupomm

Looks not promising. Final capitulation coming? Monthly low was already made in September and now the big move to a VIX of 80?

jupomm

We have no new low on daily basis, no new low on weekly basis, but we could get one on monthly basis. SPY have to rally to 377,25 to prevent this. Next week. IWM and QQQ are similar. DJI has already a daily and a weekly low. XTN leads to the downside, not a good signal. Can dollar and yields hold this pace or will they turn? Maybe a bull/bear battle at the June...

jupomm Updated 

When Gold exceeds the old high, a drawdown follows until it is going steep

jupomm

Platinum and Rhodium have a very good correlation. Rhodium has a massive breakout. Will Platinum follow?

jupomm

Escape from 3rd consolidation

jupomm

We have had Tech bubbles since the beginning of the stock market. It is always the same scheme. It is no question whether the bubble burst, only when.

jupomm

The big black line appears when linking the tops of 2011 and 2013. We had a restest of this line in June 2020. And now again.

jupomm

Are we near the turning level?

jupomm

always followed by an uptrend

jupomm

Retest of 1060 today and immediately the run in the other direction. Intraday a new 5 year high. If it spikes through, the way to 1200 is open.

jupomm

The non-spike trend is already broken and retested.

jupomm

The big moves last many years...

jupomm

already pointed above...

jupomm

Platinum shows relative strength and is escaped from the down trend.

jupomm

Clear trend since August is broken? Or just a short election peak?

jupomm

Dollar will rise further in my opinion.

jupomm

It looks still different for EUR.USD, but the confirmation could come under 1,16.