Traders,
As you might know, I went short on BTC at 60,500. That was when price lived just under our Multi-Year Support/Resistance TL from 2019. Obviously, I was betting that we would NOT break straight through. I was wrong and as I told my followers in our private chat, I never mind trading a bit of humility for some profit. Bulls have clearly demonstrated that...
Traders,
I will probably not be posting as frequently this next week due to some personal matters that require more attention. Thus, I thought pushing out another general update on where we are currently sitting in the crypto space would be appropriate.
As you have seen, I have still been busy entering trades in alts. The main reason for this is Bitcoin’s...
Hello There!
Welcome to my new analysis about NVDA on several timeframe perspectives. Within the recent times the market of NVDA has shifted into a potentially crucially developing bearish pullback scenario consideration. Especially, as there are underlying bearish factors that could trigger such a bearish signal that NVDA does not have the ability to emerge...
Recession may be a red herring for a market fuelled by a supercycle
While broad commodities have outperformed most major asset classes year-to-date1, the pressure of rising interest rates, a strong US dollar and fears of several large economies tipping into recession has led to a pull-back since the summer of 2022. In our Market Outlook, we argued that the...
This is a production chart and the last of my economic charts. I want to take a second to think back to 2020 here. The world shut down, when it reopened the Suez Canal got blocked, shipping is still no where near recovered. The rich are pulling PMs off the Comex as a silver squeeze happened, and a lack of shipping on top of this and scalpers lead to SO MUCH tech...
First route is based on 2008 bull market in silver.
Second route is based on the bull market in late 70s.
I think a bullish phase similar to late 1970s makes the most sense. You can check out my analysis on Gold to see why.
I am not going to go in detail in this analysis.
First route is based on 2008 bull market in silver.
Second route is based on the bull market in late 70s.
I think a bullish phase similar to late 1970s makes the most sense. You can check out my analysis on Gold to see why.
