Are we at the end of the cycle? Given the urgent circumstances of last couple of years to talk markets up I’m afraid we can’t ignore the inevitable pivot in the federal funds rate which will surely affect markets worldwide. We face some interesting times ahead. Chart is for entertainment purposes only. Good luck to all.
Where will SPXUSD go next? Well it cant Bull forever. I believe a drop is coming next week. I am setting up on the daily.
Vix daily might be setting up for a big pop.
STRONG FUNDAMENTALS ARE AT PLAY HERE ASIDE FROM THE TECHNICAL HINTS THAT GOLD WILL PROSPER THIS DECADE. MY STRONGEST CASE BESIDES THE FACT THAT THE REPO MARKETS HAVE BEEN HAYWIRE. CENTRAL BANK STIMULUS HAS HINDERED ANY REAL ORGANIC GROWTH WITHIN THE ECONOMY. MOST IMPORTANT BULL CASE FOR ME IS THE REMOVAL OF "THE INVISIBLE HAND". I DONT HAVE TO EXPLAIN THIS. THOSE...
When the Skew index rises its an indicator of fear within the stock markets. Usually when the Skew hits $150 or higher investors should be very leary on what is to come. I fear a steep decline is coming very soon. Skew Index is a must in anyones watchlist right next to the VIX. Hope this finds you well.
My Chart isnt the prettiest but is efficient. My favourite formation has been developing on ether and is usually up from here. Fingers crossed the hour will brek through anytime now or ride the top of the trend line. Good luck all.