Monthly hanging man Weekly rejection of 20 week SMA Bad daily candle TP: Last support at around 1885 then watch out for daily bullish divergence GLD puts + HBD
4 more hikes to 1.5% Then it's probably going to be more QE WW3 to resolve bad monetary policy just like in WW2 in the 1940s?
Expecting range trading between golden pocket and level below.
Still above the golden pocket. Bull market support band acting as resistance.
Bitcoin trendlines on the linear scale Trendlines to watch for
Top similar to 2008-2020-2021 Weekly RSI to oversold indicate bottom 2000-2008-2020 + weekly bullish divergence in 2008 RSI 2000 + 2008 MACD indicate bottom 2018 almost topped to 2008 levels. Powell Pivot + 2019 Inverted yield Curve almost dipped below 0% Cause for concern: Double top near 2008 high in 2017-2018 and 2020-2021. Will yellow trendline get...
Top similar to 2008-2020-2021 Weekly RSI to oversold indicate bottom 2000-2008-2020 + weekly bullish divergence in 2008 RSI 2000 + 2008 MACD indicate bottom 2018 almost topped to 2008 levels. Powell Pivot + 2019 Inverted yield Curve almost dipped below 0% Cause for concern: Double top near 2008 high in 2017-2018 and 2020-2021. Will yellow trendline get...
Tightening 20-50 Weekly EMAs Pricing it at 100 EMA (Drops to previous candle low) then move upwards at Volume acting as resistance Day/Week before IR goes in effect, weak candle Dumps the day rates go in effect Bottom at weekly EMA 200 Bullish divergence on weekly MACD + Weekly RSI Bullish on subsequent IR hikes
Orange line = US Interest rates US interest rates declining US Interest rate plateau matches inverted yield curve When interest rates plateau, trouble ahead. What will happen if US interest rate declining trendline gets broken?
Top similar to 2008-2020-2021 Weekly RSI to oversold indicate bottom 2000-2008-2020 + weekly bullish divergence in 2008 RSI 2000 + 2008 MACD indicate bottom
Average 1-18 months to exit positions Predicts next year recession if it dips below 0% with a double dip/bottom 50% Correction in SPX in 2000 - 2008