Yoda
NERVOS giving me the NERVES as it tests resistance and goes upNervos is trading in a rising channel with a recent spike and downturn. It's heading up to a resistance level with low energy. Look for it to test once or twice and head a little bit up into the next price level. Expect a little bit of upward momentum after the retest. Not much money to make here, but might be worth investigating if it gets back to the next level.
It has had a moonshot direction recently. cointelegraph.com
Everything original is forgotten plagiarism... and I forgot where I heard that. Or maybe it's every plagiarism is forgotten originality. Only Yoda knows. Yoda trades all stock inversely, doesn't he.
Almost there.. Do not short yet! US INDICIESEverything is on the chart. We will go to the white fib line in the pitchfork (1 FIB) at the very least. WHY?
Fed is injecting a record ~430B$ into this "NOT QE" repo market in January. I expect the first two weeks (at LEAST, maybe all of JAN) of January to rocket up as a final push and then a breakdown. Unless the Fed continues to inject more and more cash into the markets beyond january, this could be the end.
Devils advocate:
T has an election coming up in 2020 and the only solid thing he has to run on in my opinion is the market performance. So there is a good chance this REPO crap will continue all the way THROUGH november+ until there are some serious riots in the streets. He wont let a market tank on him before elections unless he is forced in a corner by others... Just my opinion.
Please thumbs up and comment what you think! Happy NEW YEARS!