On the big picture of Oil chart it should come down to 73 usd (200ma monthly chart) ,the lowest point ,but I think it will bounce up from 74-75 (200 ma weekly chart) and then all the way to 100 usd by September ,with the first rate cut it will go to at least 115 usd...this is just my scenario , no investment advice..I am playing my own money ...DYOR
Dash has already made a double bottom , now the price target is 74 usd with 50 usd the first major resistance.With 10th of July the halving date , I think 74 usd is achievable very easy by middle of June
Overall I see BTC heading to 50k with the possibility of a flash crash to 45k and recovering after.I am playing this scenario until June-July 2024 , anyway 50-55k is my target to load up some altcoins.
Gold has a new ATH , Silver just broke de resistance of 25.7 on 4h chart ,but on the monthly chart I see it going to ATH and this could happen with June when Fed will cut the rates and it will send the price of Silver maybe to a new ATH.
Today with the retail sales we have many chances to start the downtrend , if no , next week for sure.
1.Q4 2023 and Q1 2024 expected to be the lowest for earnings and retail sales.
2.M1 , M2 money supply are in the lowest level since January 2023.
3.Fed's balance sheet still shrinking
4.10 Year bonds will reach 5 %
5.Unemployment rate will go over 4%
6.30 Year...
