Hey all, I wanted to post a few thoughts of the somewhat educational variety. Hopefully this will help with perspective on where we've been and why I continue to see equity market weakness for the extended and foreseeable future (1-3 years maybe). So starting with this chart, this is the 10 year US Treasury yield below and the S&P 500 index above going back to...
As you can see, BTC is clearly in the final stage of completed this Golden Arches patron. Classic and unmistakable. Characteristic of this pattern is foolish belief that you’ll become a millionaire by investing in BTC. And watching in devastating slow motion as your assets and hopes of riches crumble before your eyes. Confirmation of a true Golden Arches...
Zooming out on HL I see a clear C & H having just completed formation. This is right in line with my previous post on Silver which is both completing C & H of it's own (10 month cycle) and entering Impulse wave 3 of this bull cycle. I had suggested HL as a vehicle to participate in Silver Price movement so I wanted to follow up with this chart showing the C & H...
Hi all, This is my first post here on Trading View but I've been active in trading and TA for some time. I have yet to see anyone post a discussion of what I have implicated in the chart. For several reasons, technical and fundamental, I am bullish on silver and related miners. I believe we are wrapping up consolidation / corrective wave period in wake of...
I haven't seen anyone really comment or take note of the implications I have plugged into the chart. Bullish to say the least, wrapping up consolidation period / wave 2 and also handle. Wave 3 Summer 2021 into Fall? Remember that in 2011 with that round of Fed Stimulus, Silver touch near $50. We are well beyond that level of stimulus with actual signals of...