"How to covert resistance <=> support" For all those looking at sub $18 silver... In march 2020, #silver had not yet converted the 18$ level from resistance to support. Now that is a "wall" (previous resistance turned support). That is a big difference.
Just terrible. #Intel heading to 21$ (another -17% from here). Sub 10$ target if that important support that fails. #nasdaq #inflation #recession
When was the Federal Reserve born? ⏲️Before 1915, purchasing power had been going up for over 51 years. ⏲️After 1915, purchasing power has been going down for 108 years. #fed #fomc #inflation #recession #gold #silver
Crude oil will get much more expensive. Much more. #fintwit #inflation #crudeoil #recession
The "Widow Maker" strikes again! #NaturalGas #Fintwit
Currently unwinding the 3rd greatest US equities bubble since 1929 and 2000. Original pendulum swing has been enacted over 100 years ago. Nothing new under the sun. #fintwit #spx #inflation #recession
What happened to the "coal thesis" since 2020? Lots of gains being wiped out for those that didn't sell into strength. Noise reduced charts get you in AND out properly. No need to track news events. Price chart aggregates all required information. #coal #fintwit #stocks
When #Nasdaq breaks down versus #Uranium... #Cameco goes bonkers!
#Nasdaq versus #Uranium broke down from a massive 5 year top structure back in March 2022. How many more of these do you need?
#Nasdaq breaking down since Jan 2022 versus #CrudeOil, now enjoying a bear market rally. Reminiscing November 2001. Next leg down will be massive.
While nominally #nasdaq might go up, the true game is being played behind the scenes. When priced in #copper, you remove the fiat illusion. I see no strength. Very close to full melt down.
Impressive 5 year topping structure morphing in existence for #Nasdaq priced in #Silver. Silver goes bonkers once that early breakdown line is breached.
Gold's "Commitment of Traders" analysis... Players have been positioning quietly. #fintwit #gold #xauusd
Yes, gold and silver miners are awful... But the chart defined setup is there for the taking! #fintwit #miners #gold #silver #spx
When Swiss Franc breaks out versus US Dollar, I'm expecting fireworks for Silver. I do not need to know why. #silver #xagusd #chfusd #usdollar #gold #xauusd #fintwit
Day 137. No need to tell you something special is happening right now... #gold #silver #spx #miners #nasdaq #fintwit
#Bitcoin (priced in energy) gave back ALL its gains from the 2020 breakout level. 100% retrace. Scary if close below that level... #crudeoil #fintwit
I have ZERO interest in anything #tech #speculative or #growth. Lots of damage requires lots of healing. The chart below for $arkk is LOG scale and you can still see the massive bubble burst. Truly insane. That was the end of the mania.