pwarren

pwarren

BTCUSD down 35% YTD and trading below 200 day sma. Prior to this year, BTCUSD had not traded below the 200 day sma since August of 2016.

pwarren

5 day rolling correlation study

pwarren

Possible pairs trade setup targeting ETH$250/BTC$2540. Bitcoin weak as the (non)effects of the Cash fork continue to digest. Perhaps more notably, Ethereum has remained strong rising 7.5% on the day through 6:00pm EST

pwarren

One month chart showing current support levels in bitcoin based on price action. These levels can be used to set stops or find entry targets. For the curious, P.OC = point of control (see Volume Profile for more info)

pwarren Updated 

This chart looks at rising levels of volatility in ETHUSD Rising volatility (blue line) relative to the March peak suggests Ethereum could have more room to fall against the dollar. Some near-term support around $250 could be tested if the fade in Cryptos continues. The recent move lower has been agitated by weakness in the XLK. However, the days ahead...

pwarren

Using 50 and 200 week moving averages, GLD is currently consolidating around $120.

pwarren

Ethereum has once again been turned back at $210 after a similar move Saturday evening. Note the surge of bids at 8pm EST Monday. Ethereum

pwarren

Bitcoin Ethereum Litecoin

pwarren

All-time daily chart showing a clearly negative trend since the IPO. TWTR still has plenty of work ahead if it wants to change the momentum. Note the converging trend lines - and that TWTR has never sustained a bullish crossover of its 50 and 200 d sma

pwarren

This long-term chart looks at the relationship between Caterpillar NYSE:CAT and front-month crude oil futures The week so far has seen a few points shaved off CAT's 30% rally since election day, when it hovered around its 50 week average. The stock has been pounding against 5 year resistance while mostly shrugging off weakness in Crude. But with no clear path...

pwarren

It's hard to say that Amazon has never been a leading indicator of e-commerce growth as this chart might suggest, but it will be interesting to watch how the relationship develops as AMZN charges ahead. On one hand, Amazon continues to diversify outside of e-commerce (ironically dipping its toes into brick-and-mortar while single-handedly destroying the model). ...

pwarren

Gundlach with the hot take: twitter.com