Financial planners and news tooted alot of news in the last weeks, which are novel to anyone of us. Not playing devils advocate here, one could generally assume planners would like to keep clients funds and news are overselling events emotionally, to create attention. Taking a critical look might give clarity in troublesome times. Ive developed two rather...
THE CHARTS ON FX ONLY GO BACK SO FAR BUT MY CHARTS GO BACK TO JAN 1902 THIS IS TO SHOW ALL THAT THE PEAK WAS ONE THAT WAS GOING TO HAPPEN NO MATTER WHAT BE IT OIL CRASH OR VIRUS I GAVE ALL THE MAJOR CYCLE PEAK DATES AND PROJECTS BACK IN 2019 .I DID POST AN ALT IDEA BUT WE FAILED TO BREAK MY 3410 3392 . IN SP OR THE NYSE 14200 PEAK 14183 . ALL MY WORK OVER...
Crude Oil falls 50-70% during contractions, Since last crash that was partly caused by shale oil production, USA returned mantile of the biggest oil producer in the world securing its domestic needs and become energy independent, World of low oil prices might hurt USA but also benefit it. Sub 20 dollar prices will definetely hurt OPEC nations (and OPEC observer...
Strong support retested again for the 4th time. We can also see that the RSI is under 50 which shows that the pair has been oversold. I am waiting for the pair to make a move to the upside and touch the trendline, and therefore I am willing to take a long trade. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You...
This sucker is way past 1.21 Gigawatts : )
OANDA:DE30EUR is weak. Numbers are high but citizens are suffering, like pretty much everywhere! The domino is shaking, who is the weakest we will see!
This is not in nay book afaik. So I am claming it for myself. I would like for it to be called "Bitcoin is a ponzi" top, or you can call it "Bitcoin hater pattern" if you prefer. Interchangeably. On the higher top the price has to go back to the rectangle area for it to be valid otherwise it's just a correction followed by continuation higher. Winrate is pretty...
GFDEBTN Monthly FEDERAL GOVERNMENT DEBT: TOTAL PUBLIC DEBT 8:00PM EST At current rate of acceleration, total Federal Government Public Debt will double by April 2023 (4.5 years from today) and then double again by October 2026, just 3.5 years later. By January 2028, total federal government debt will have doubled again in an even shorter time where it will hit a...
price formed a bearish flag with price forming a double top at the structure resistance
The All Country World Index ETF is facing stiff resistance once more at the 75$ level (5th test since Feb 2018). We have had a tremendous rally since the lows seen in December last year, but unless this level can break i would really be cautious chasing world markets. It is clear some US indices have broken to new highs, but the fact that we are still battling to...
Global Central Bank Interest Rates of Major Central Banks Made using Quandl
MSCI World Futures Index USD FMWO1! An excellent day for bulls all over the world. Now most markets are testing important resistance levels (Hang Seng, Sensex, SPX and Nasdaq) and are vulnerable to fairly light profit taking in the very near term. The MSCI World Index is also very close to resistance at 5873. Has to break above here to confirm further strength...
There’s an almost endless supply of oil.. Hundreds of trillions of barrels. - We have great friends who have been in the oil business for decades. Deep in these industries. - They claim to only have hundreds of billions. They have 1000X - 10,000X what they say. (Keeps prices HIGH!) - Remember that the dollar is now "backed" by oil... petrodollar (your dollar is...
An interesting moment in which the triangle closes and the price should go up or down. In the textbooks it says that in a descending triangle, the price has to collapse, but will it happen? Unfortunately, I do not have mantic abilities. But what I have seen over the years at BTC does not happen this scenario for the first time. I compare between 2014 and today...
Globally, not looking good after this week's close