Badcharts

Badcharts Jan 31

1) Last 4 recessions coincided with declines in copper prices. 2) But not all copper price declines coincide with recessions. 3) You'll rarely see an uptrend in copper during a recession. So no, the coast is not clear yet for the economy.

Badcharts Jan 31

Microsoft showing some worrisome behavior. Not something you see in a healthy uptrend. Again, you won't find low risk entries here. Stay safe!

Badcharts Jan 31

Silver's daily Point and Figure chart still showcasing an uptrend. While there is resistance right above us, longer term $48 target is in the cards, as long as that rising support trend line holds.

Badcharts Jan 29

Lockheed Martin made some pretty impressive planes over the decades... But what got my attention is the failing momentum, as price refuses to outpace its moving average as it once did. That is a setup for eventual failure!

Badcharts Jan 27

For some reason, people keep forgetting that this has happened or are unaware. So let me repeat. Dow Jones Industrial Average (priced in gold) gave its 4th historical exit signal. Signals seen in 1930, 1969 and 2002 Yes, this is the area were recessions are always found.

Badcharts Jan 27

Ponder the following, something nobody would be expecting: What if the United States gets an "Industrial Revolution 2.0" under Trump's watch? A close above that breakout line would be a VERY IMPORTANT signal, not to be taken lightly. Is this even possible? If so, how probable?

Badcharts Jan 25

Business cycles repeat over and over again. Yet, many think it will be different this time, right? Not. SINCE 1948, 12 TIMES OUT OF 12 WE GOT RECESSIONS... ARE YOU TELLING ME THERE IS NO RECESSION... THAT WE WILL AVOID ONE TOTALLY?

Badcharts Jan 25

Objects in the mirror are closer than they appear! tsx priced in gold recession indicator

Badcharts Jan 24

Silver making a stand versus gold early this Friday morning, refusing to let gold breakout against it. Remember, the close is what matters, that is when the market tells you the odds shift from favoring one scenario versus another.

Badcharts Jan 23

Looks like the gold versus silver ratio is making a run at that historical breakout line. Could breakout tomorrow on the weekly chart! No matter what we think the ratio should be at...

Badcharts Jan 22

Total public debt momentum has NOT exploded yet. When it does explode, US stocks & Bitcoin or Crypto should UNDERPERFORM. When it does explode, Gold, Silver, Oil, Miners & friends should OUTPERFORM. You will also see a recession on the breakout.

Badcharts Jan 21

Make sure you are on the right side of the macro capital flow trends when they turn via a Capital Rotation Event. They can drastically alter your probabilities of success. Spx lost over 86%, then over 94% and 88% versus gold. No reason to go through that pain.

Badcharts Jan 20

Sugar ain't sweet anymore! something is wrong here lost momentum

Badcharts Jan 20

Bulk of gains for Nvidia did not start when price was stretched from moving averages... But when price was coiled to them, just starting to expand upwards, away from them. Look what is happening now and then tell me this is a low risk entry point!

Badcharts Jan 19

Yes, history does repeat. No, it is not different this time. So remember this chart when things start to unravel once again. Nasdaq fell 83% in 928 days from that peak. No reason to hold through that pain. None.

Badcharts Jan 19

US Dollar continuing to SMASH the Canadian Dollar. You never should front run a possible breakout. But when it does happen, you should really pay attention. Now $1.44 on route to $1.60.

Badcharts Jan 18

The business cycle tells me that we are much closer to a very important top in markets than a very important bottom. Again, while price can melt-up from here, it does not make this a low risk entry point. Quite the contrary.

Badcharts Jan 18

7 year rate of change for wages slowing, but still climbing. Approaching 1970s levels. I wonder what impact this will have on future inflation...