A few quick tips: My work here is to educate on short and long term signals – on which direction the market is generally headed based on academic indicators These signals can help develop an investment strategy – they are not the only elements you should factor into your thesis I will share my investment strategy for you to
The crypto market is working its way to confluence where resistance and support are crossing one another The last 12 months have shown these pennants turning bearish The next couple weeks will either confirm or reject my thesis that the bottom is in and we’ve entered an accumulation phase Bitcoin / $BTC Macro timeframe shows multiple tests of resistance – more now
Mark your calendars. Expect high market volatility leading up to and on these dates: Wednesday, November 2, 2022: FOMC Meeting Friday, November 4, 2022: October Unemployment Data Tuesday, November 8, 2022: Midterm Elections Thursday November 10, 2022: October CPI Friday, December 2, 2022: November Unemployment Data Tuesday, December 13, 2022: November CPI Wednesday, December 14,
CPI is up 0.4% for September 2022 Crypto Altcoins nuked last night ahead of the CPI print this morning This is a signal that the Fed will continue to raise rates at the next FOMC Meeting in November Anticipate 75 to 100 basis point increase which will increase volatility in the markets S&P 500 /
Trading Notes: The entire crypto market is looking bearish If equities crash, risk-on assets like cryptocurrencies are likely to lead the selloff I’m dollar cost averaging my way through the dips while avoiding sh*tcoins like Shiba and Ethereum tokens with no real-world utility. You can view my watchlist / portfolio here: Watchlists on Breaking Metrics Bitcoin
Futures were down last night, crypto is bouncing around pennants, and the British Pound is crashing. As markets dip, I’m keeping an eye out for opportunities to dollar cost average into crypto coins and stocks on discount based on my time horizons for each asset. First let’s look at fiat money: The US Dollar has
The Dow Jones broke critical support today, setting price back two years. Overall price is down 20% from ATH
bUiLd BaCk BeTtEr
Just in case we needed a reminder that the bear market isn’t over yet:
Read More »Tracking the $SPY: 2008 vs 2022
On Sunday, we published a post about the eerie similarities in Nasdaq and S&P 500 price structures between 2008 and today. It was noted in the post that circumstances are slightly different today, but this recent news from MSN tells us a different story:
Read More »Leveraged Up: Consumer Loans and the Next Market Crash
