RealMacro

RealMacro Updated 

Very important day for Target, as it breaks a key 50-year trendline after it has already lost -50% from ATH. Now crossing a line in of itself is not a big deal. However, how it breaks and what structure it forms after the break matters a lot. This is the 3rd time since 2017 it has tested the trend line. The last time it broke in 2008 it lost 50% of its value....

RealMacro Updated 

Bearish structure validated and setting up for a great risk-reward at a key area. While it has not CRACKED yet, it appears it will soon. This small time setup has much bigger implications for the bigger chart as it could run lower for longer to use some FED speak.

RealMacro Updated 

SBUX like many other stocks out there has multiple Head & Shoulders pattern. One H&S is mammoth the other smaller. It so happens that price is simultaneously breaking a recent up channel. A break here could possibly result in a significant price drop. It is better to be out of a trade wishing you were in rather than in a trade wishing you were out. Caution is...

RealMacro Updated 

BTC Failed right at the head test breaking the structure at a key area in the processes. Not a good sign for the Bulls!

RealMacro Updated 

Bubblicious! Was right. As inflation soars and the FED is behind the curve don't expect ARKK to do any better than it has. over the last year as Junk Bonds start to sell off and rates for Zombie Companies rise. It's always fun going up not so much on the way down. Please click the play button several times to see the results in the chart above.

RealMacro

Egypt is In An Economic/Financial Death Spiral as the money supply rises (Red bars) the currency value collapses, Inflation soars (currently at 40%) the stock market in dollar terms collapses. Sure on occasion you get fierce rallies on short covering rallies (as you can see several on the chart) but ultimately it only leads to lower and lower prices in $...

RealMacro Updated 

This is not political since bother parties were in power so please don't make it as such. Let's just be objective and only look at the economics of it all and what more gov't expenditure has produced as a result in all of our lives both good and bad. then weigh it all and see if more or less of it is better. Charting is more than just trading and investing.

RealMacro Updated 

While there are so many things to talk about as to what is going on in the world economy that I could talk about it would take a book to explain it all. Every week we hear about another economy weakening and yet stocks have risen. However, this seems to be ending according to this chart. The next couple of weeks will be very very important. CAUTION! is in...

RealMacro Updated 

JBLU has gotten way ahead of itself and is now finding resistance. Airlines need at least another year to recover with much more debt that will put pressure on earnings. Putting people back in airline seats is one thing getting them to pay up for that seat is another.

RealMacro Updated 

The rising wedge is about to crack either by time or price. The drop if by price could be substantial. Bulls do not want to see this crack!

RealMacro Updated 

From a charting perspective, VIAC has simply completed a wave 3 up, hooked, and is now in the middle of nowhere. Down 60% from its highs, one can hardly say this is a good time to Short or Buy. Though cute storytellers and all-knowing fortune-tellers will lead you to believe a short or buy will make you money. Do not make that mistake! Loudmouth Fifters (people...

RealMacro Updated 

US family income in USD in real terms (inflation Adjuted)

RealMacro

As the Crypto market breaks below $1 Trillion Market Cap SOL is on the verge of CRACKING at this key area. Will this time be different? SOL has had several of these similar setups that have all followed through nicely. Here is one of my previous calls.

RealMacro Updated 

6 years in the making Ethereum has now broken a mega bearish structure. These Mega structures are very rare but these days they are all forming simultaneously and that is bad JUJU! If you listen to the message of the market it will tell you what it is trying to do. If you waste your time with silly indicators, social media "experts" that never show you their...

RealMacro Updated 

The biggest news in 2022 is not AAPL nor TSLA. It is the sell-off in bonds that has been taking place the first 2 days of the year that are now breaking key structures that few are talking about but soon will be. While many will be quick to point out this is not the 80's inflation, my response to them is it doesn't need to be so much more debt both private and...

RealMacro Updated 

Yet another Crypto Cracking a key area. Once again great risk-reward here for both long or short. I prefer the short as the chart is completely broken to me.

RealMacro Updated 

From failed move come fast moves in the opposite direction.

RealMacro Updated 

AMC is in deep trouble here as I suggested in this post on Nov 26 prior to Omicron. June 2nd