Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Realised I hadn't updated this for a while after having worked on it some more so here you go. Interestingly came across a similar chart on FinTwit, so nice to know someone somewhere has drawn similar conclusions. I believe the FIB ratios are important here as BTC is riding an adoption wave, with each wave proving less and less volative, and becoming more and...
Abra is proving even stronger than people are hoping, and seems to be going strength to strength. Here is a possible forecast for next lift-off.
Some thoughts on Silver Junior Miners, as expressed through the SILJ ETF. Silver's long term forecast is impressive, but it's short term as an SOV / Industrial Commodity will be choppy, as it's picked up and dropped on whims. But remember, always DYODD!
A little more extrapolation on the short term direction of the DXY given the overall Macro picture.
Continuing on my exploration for signs of economic trouble ahead (or not?) I thought I'd take a look at the Unemployment rate figures, assuming they'd follow patterns like everything else. Well, they sure do seem to.... I've forgone my normally Fibonacci delving in the timing intervals and just used some basic extrapolation, as it's made all the harder by Trading...
A revision to V3, that sees this current 1-5 wave and subsequent ABC shortened by a fib ratio. Also, have added a fib channel to show the expected price of silver over the next few years. Now just need wait and see ;)
Just a few little extras on the chart to make the ideas clearer e.g. The Elliot Waves
Definitely some juice going into the wings of this one. Get ready for a March take-off, will see some real height on this one I think!
Just a small revision to highlight the dip / retest thanks to the H&S in the RSI. I failed to show that on the first version so a revision is in order!
Building on the work of my V2, which had correctly identified the 8 year cycle for Silver, there was something about the MACD bugging me about it and how it didn't line up. Went back to it and got to the bottom of it! And what a lovely find regarding the Elliot Wave corrective wave, in that the time proportion between the last correction period and this recent...
This darling of the silver junior miner world has already had a massive jump, and with a Silver price high incoming in March, it's perfectly set to go Sky high!
I'm thinking to make a nice play on my upcoming correction belief. Only option I have with my broker is VILX, so started looking into it's history. Only makes big money with big crashes / corrections, and I think we have two on the way. Data was so small for the main chart, but looking at the RSI here, some very interested volatility wave patterns. I'm always...
An update of a previous chart. Just a bit more of a play with time frames, although the core 16 year cycle is still solidly in play. Most interesting thing to note was the .38 ratio in play between the big movements. This is the after affects of Gold standard removal in 71 coming home to roost, incredible. Interesting!
Little exploration of some long term trends in Bitcoin. Moved to a Logarithmic chart to drown out the price noise, such large increases, this makes trends easier to see. Very interesting to see FIB waves lining up in terms of the price growth intervals, as well as the fib heights in terms of expansion. Looking at this, could be that for next few years BITCOIN will...
Fearing an upcoming crash / correction I've been looking at all the key indexes etc, and this was one of my earlier explorations using Fibonacci. I look at this chart with a large pinch of salt, more a fascinating oddity than something scientific (maybe!), but I do find all the correlations very interesting. Ultimately this connects well with my Vix & Gold charts...
I'm 100% certain a big correction is coming (possibly barring any stimulus that may scupper this, likelihood is it could even be the cause!) start of Q2 2021. I want to make a Vix play on this and this is my only option with my broker so been taking a dive. Straight away, arcs of intent everywhere, clear ebb and flow patterns. Being a fib fan, especially in waves...
With the chatter over US supporting semi-conductor manufacturers, looks like Intel could be ready for another massive generational leap.
Some refinements of the play of silver over the next 2-3 weeks before it's lift off! On top of that, think I have cracked the Moving Average Fib ratios. Interesting!!!