Updated with G20 to show what the rally in equities is from.
Facebook on 50DMA, either bounce now or down to $170.
Retail apocalypse continues, $HBC is close to breaking wedge down. Of course they could draw it out.
Amazon under 50DMA and broken rising wedge retest. Targeting $1753.
Green line is CA10Y bond minus the average of the 5,2,1 and 3 month.
Green lines mark DXY tops Red lines mark DXY bottoms Purple lines mark unconfirmed trend change for DXY . *Note October 1st US rates topped, which caused Gold to rise with DXY . Case #1 USA doesn't join the world in negative rates and more QE . Gold continues to out perform in all currencies except USDs. Case #2 USA monetary policy joins the world and...
Green lines mark DXY tops Red lines mark DXY bottoms Purple lines mark unconfirmed trend change for DXY. October 1st US rates topped, which caused Gold to rise with DXY. Case #1 USA doesn't join the world in negative rates and more QE. Gold continues to out perform in all currencies except USDs. Case #2 USA monetary policy joins the world and goes to extremes...
Showing 2.40% of cuts as perspective of how fast federal reserve cuts rates.
Chart of rate cutting cycles with percentage and time to end of cycle (bottoms).
Microsoft is way overbought (34% in 2019), as it surpassed the previous top in September 2018. Targeting $116.
Gold in USD, EUR, GBP and JPY equally weighted. From John Kicklighter from Daily FX Forex Report www.youtube.com
Kirkland Lake Gold could be $60 by 2020 and $100+ by 2021 IF gold continues to rise. It may have a few corrections a long the way, even in July 2019 and end of this year.
Canadian dollar depreciating since 2007, as seen in this basket of G7 currencies. USDCAD long term target is 1.53-1.60 by 2021. #USDCAD $USDCAD
Google could head to the 100WMA at $1080 or 600DMA at $1040
Fast food going down fast! Very bearish to see cheap fast food falling.