TheCasualThinker

TheCasualThinker Updated 

Monthly resistance in Red, probable sell area. Weekly support in blue, targets for sell. Close 75% at first target and leave 25% for the 2nd target with SL at entry.

TheCasualThinker

CAPE (Shiller PE) Ratio: The CAPE ratio is a valuation measure that uses real earnings per share (EPS) over a 10-year period to smooth out fluctuations in corporate profits that occur over different periods of a business cycle. Multi-year CAPE ratio analysis suggests that the downtrend that could last years possibly has only just begun. The CAPE ratio Retraced...

TheCasualThinker

Rejecting off of a pretty strong downward daily trendline. Wait for the daily close for confirmation

TheCasualThinker

Price recovery on oil has reached 0.618fib, at $18, will the recovery/correction continue? Or is the larger downtrend going to take over? I still don't see any demand for oil fundamentally, my bet is we probably go down again.

TheCasualThinker

I expect BTC to stay in the channel for this week. Expecting 9300 to hold on the daily. RSI looks to be back in a decent range, long from around 9300-9400. Also, take a look at