The chart shows two recent and unprecedented occurrences that may lead to an outcome of equally unprecedented proportions. In the past year the money supply
peaked and is still negative over a year since
reached peak liquidity
Causes include the effects of the pandemic, asset conversions spurred by tax reforms and corporate buybacks, rising...
The neat thing about Cosmic Flow is that is lets you use one MA period for the resistance and another one for the support. Here we used the HMA with 50 bar resistance and 100 bar support to recognize a repeating pattern on the 1W chart, in combination with the Cosmic BB SR indicator. While these two indicators show that the price is now more bullish than it...
While on the long-term upswing EURUSD has arrived at the Cosmic Gravity basis line, a major resistance level. If this level should be broken sudden positive volatility may be expected. If the test fails a retest can be expected.
The two signal points marked in the chart suggest the current drop still has some way to go until either a Cosmic BB SR support level is formed or the Cosmic Angle value approaches zero.
Although the general momentum is now downwards, as outlined in the chart the 3 indicators give several bullish signs which can be taken into consideration in the short-term. The Cosmic Gravity basis line can be the next resistance target.
