Time above water becoming shorter and shorter in each phase, with less strength.
Allstate retracing, Chubb to follow...?
There are a few more levels where it is possible for us to break through, but they are marginal in size. Make sure you're ready.
Usually indicative of when to enter Gold, but has this ever happened with gold near ATH?
Man is a national treasure, I hope you know. www.youtube.com
XAUUSD "The trend is your friend," as they say. An honest look at Gold across several of the other G20 Currencies: Yen, Yuan, Aussie Dollar, Canadian Dollar, British Pound, and the Euro many of which that traded above the XAUUSD previously, are now trading below. Many have had technical breakdowns and are priced in what would be the $1680-1700 dollar range for...
The extreme space between support and resistance levels could trigger a behavioral risk with this equity. The impact that these big financials carry for the market and their importance for the overall security of the markets is critical right now. The extreme gaps of support and resistance leaves one to question, "Where can I safely enter?" There isn't much under...
Posted a similar thread for the SPY, except the Q's divergence is far more dramatic.
Chaikin Money Flow - Technical occurred similarly before covid-19 correction. Bid and Ask spreads are larger than they appear. Slow to buy and quick to sell?
These ratios are KEY to understanding the valuation of the marketplace, SPY/GDX being just one of many. Either equities are going to fall, or mining stocks are about to explode. The latter is in my view, exceptionally unlikely, as we see bearish price action in gold across many of the major G20 currencies. IF there is anything that a gold investor should...
Asset classes push and pull against one another. We have seen the GDX break it's trading range with the fall below neckline of it's head and shoulders position. It is telegraphing further breakdowns across asset markets.
Building on the last chart I published, I have added some additional markings. Vertical lines indicate trend resistance levels of the ZN1!/ZB1! directly corresponding with bottoms in TLT.
We have here a chart of a TLT with a comparison line of the ZN1!/ZB1!. What I have found is that when the ZN1!/ZB1! ratio hits a resistance level, TLT is also nearing it's bottom. I encourage you to look at the ZN1!/ZB1! separately. Recently, TLT has reversed with strength to the upside once these resistance levels are in range.
DOTCOM, GFC, 2018, COVID, (Insert here).