adriatique

adriatique

Just thinking through the different Fed Scenarios here...don't really see a path to lower rates anytime soon. Fed does not typically make decisions from one month data samples (Nov CPI), if GDP comes in stronger than expected, PCE comes in stronger than expected, CPI comes in stronger than expected which are all reported prior to next FOMC meeting maybe the market...

adriatique

Medium Term Time Horizon Quite a struggle over the past 48 hours and some profit taking most likely the driver behind a successful weekend from the bears. Stoch RSI hovering around .2 level I am interpreting as sellers running out of momentum. We appear to be in early stages of consolidation around the $14.30 level which has me expecting bullish moves early in...

adriatique

Technical View LINK has a crucial moment approaching with the 50 MA bouncing or falling through the 200MA. Macro View I am taking a neutral position in the trade for the time being since I take the view that uncertainty in the equity markets will lead to contagion in crypto. The bull case for equities is for the passage of stimulus or a Trump win while the...