Anyone remember 2 years ago when yield curve inversions were happening and they moved the goal post for recession? Naw, nothing to see here! Jim Cramer just like 6 months ago said that anyone that uses the yield curve as a tool is spreading FOMO and FUD, blah, blah, blah. I still cannot believe after the Wells Fargo garbage anyone would ever listen to Cramer but...
This is why I swing trade crypto on the 1 hour or 4 hour time frame, sooooooo juicy. Stay close to the exit, if you have to refresh not a big deal. Holding this stuff is such garbage since there really is no underlying physical value or physical price discovery. Now I get it, there is Tesla fanboys as well. Doesn't make it smart money. Being a trader is farrrrr...
Dollar just broke through the 200. Someone has stepped in and is buying the debt like there is no tomorrow. (Central Banks and FED) This is also why the 10 year is dropping like flies on a bad winter day.
CRYPTOCAP:BTC support $73k. Bitcoin shedding some more weight. Do your own research, do not follow my trades.
NASDAQ:NKLA filed for bankruptcy, down 50% pre-market. Stay close to the exit and pull profits along the way. Watch the MACD for any twists. RSI is aligning perfectly. There will be many more of these as time goes on. Billions were dumped into companies with absolutely zero value and zero production that was actually worth the money invested. Under the 200, this...
What you're seeing in this chart is the 10 year. A great one to watch to see what the market is thinking. The 10 year is showing the results of QE tightening and Trumps willingness to curb the debt problem. What Trump is doing is healthy, this market needs it. To the moon does not last forever. It is looking like a twist coming in the MACD but looking previously...