This is the true ALT coin indicator.Using these metrics you can easily see when the ALT coin season begins and when it will end, by watching the FEDS balance sheet.
About Balance Sheet: Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level
The History of Global Net Liquidity RhymesThe History of Global Net Liquidity Rhymes
Descending wedge pattern leading up to 2020 vs the one forming now.
Macro Monday 61 - Fed Balance Sheet Signals Liquidity BounceMacro Monday 61
Fed Balance Sheet Hits Long Term Supporting Trend Line
The Federal Reserve Balance Sheet
The balance sheet is published weekly, typically on Thursday afternoons, and it provides valuable information on the direction of global liquidity and the fed’s monetary policy.
When the
USD Liquidity IndexUSD liquidity calculated from treasury and fed metrics. Plotted against the SP500.
Credit to OpenBB for the example:
github.com
Good Liquidity Proxy? Fed balance sheet + BOJ balance sheet adjusted to USD + PBOC balance sheet adjusted to usd - Fed reverse repo - Treasury general account + Assets held at money market funds
Looks as if 1% rise in liquidity = 5% Rise in Crypto
Michael Howell thinks there is a 6 week lag with liquidity and Bitcoi
Global Net Liquidity dashboardHere is an approximation for Global Net Liquidity:
FRED:WALCL+FRED:JPNASSETS*FX_IDC:JPYUSD+ECONOMICS:CNCBBS*FX_IDC:CNYUSD+FRED:ECBASSETSW*FX:EURUSD-FRED:RRPONTSYD-FRED:WTREGEN
This dashboard shows each of these components.
BLX and the Global EconomyUsing as a reference tool to compare the growth of Bitcoin (BLX chart) with the Global Economy as a metric and finding a solid bottom for the Global Economy metric at the 1.618 retracement in late September 2023
BLX (orange/white) candles
Global Economy (blue/white candles)
Global Economy Includes
Federal Reserve Balance Sheet UpdateFederal Reserve Balance Sheet Update
⚠️DECREASE of $47.1 billion week ending Jan 31st⚠️
▫️ $1.34 Trillion Reduction since Apr 2022
▫️ We are $0.436T away from the long term trend line (Red Line). The current trajectory means we could reach this level by Sept 2024
Quantitative Tightening Effects on the Markets This video tutorial discussion:
• What is QE and QT?
• Each impact to the stock market
• The latest QT, how will the stock market into 2024?
Dow Jones Futures & Its Minimum Fluctuation
E-mini Dow Jones Futures
1.0 index point = $5.00
Code: YM
Micro E-mini Dow Jones Futures
1.0 index point =
Approximated Total Global Net LiquidityCombines liquidity in usd: Major Eurozone countries, Japan, China, USA, and Canada
See all ideas