Fed expected to cut earlier than RBA China's growth slowing not good for Australia's iron exports
Failed at trend resistance $120 three times. nice arc with multiple touches global liquidity anticipating the move down? see link below twitter.com
As an Aussie investor with a lot of securities denominated in USD (US markets, Gold), and with brokerage paying an extra 1% on USD (4.3%) vs AUD (3.3%) on cash balances, managing my exposure to the USD has a meaningul impact on the portfolio’s performance. in this chart, I use a combination of Ehlers’ adaptive indicators, volatility bands and 100-week moving...
In prior 2008-09 recession, Cameco massively underperformed. In a high volatility regime for stocks (VIX > 20), equities overall tend to do poorly. The arc (a @northstar badcharts favorite) suggest another touch down before resuming its uptrend.
**UPDATE - ignore previous publication** Quite simply: constant drop in volume and volatility positive correlation to gold no correlation or discernible pattern to DXY (not behaving like a commodity) price appreciation over 1.5 year slowing down vs since inception bitcoin is turning into a reserve asset that will broadly move in line with gold
Quite simply: constant drop in volatility drop in volume (not shown) positive correlation to gold no recent correlation to broad-weighted traded dollar index price appreciation over 1.5 year slowing down vs since inception bitcoin is turning into a reserve asset that will broadly move in line with gold