Do yourself a favor; next time you see some eye-catching prediction, even if it’s from the likes of such celebrated names as Goldman Sachs, just assume it’s totally made-up nonsense. I offer into the body of evidence the headlines below…
So about this 38,000 point trading range on Buttcoin (BTC). Consolidation or Top? First, before I tell you the answer, I want to say this about…
Back in the old days, we used to call the pattern currently evident on the hourly chart of the ES (S&P Futures), Broadening Tops. Not any more. Now they are popularly known as megaphones. In recent years, they have always broken out to the upside. …
Good Lord, it’s quiet out there (more on that at the end of this post). I was just poking around with the S&P 500 chart, which goes back more than a century, and I changed it to quarterly bars. It isn’t a drop-dead amazing analog, b…
A gorgeous reversal from the trendline as well as a shooting star on the MidCaps…….
Surprise level: ZERO. Americans are simply not going to pay $80 per month to ride a stationary bicycle in their homes forever. They want cheeseburgers. Not avoidable labor. Even with this ridiculous Santa Claus Rally, PTON keeps slipping lower, and…
In spite of yet another strong overnight session for just about every asset on the planet, the odd man out with the world of crypto. Here’s the Bitcoin /BTC futures in recent hours……….. Of course, during the year as a whole,…
Today is a really big shoe for me.
FEEDof its counter-trend rise.
Well, the tech bulls did it; the /NQ futures have pushed above a line that has proved to be formidable resistance for weeks, until this morning: The real question is – – will this be a setup to assault the lifetime highs (made on Novemb…