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Bitcoin - CRYPTOCAP:BTC Short term BTC Chart that's not really my style but I thought it was interesting. We are on day 13 of being overbought on the RSI. In the 3 examples below, recent history suggests we can remain overbought in the RSI for 23-26 days on average (12th - 14th Nov) Please recognize that in past bull markets the RSI remained oversold for...

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WisdomTree Natural Gas Exchange Traded Commodity (ETC) Noticed a potential repeating reversal pattern: - Break above the 200 day - Ascending triangle forming - Rising RSI Ideal Trade: Waiting for a break above the Triangle, enter then with a stop under the breakout point. We can revisit this and see how things progress. One to keep an eye on. Winter is...

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Macro Monday 19 Total Non-Farm Payrolls: Pre-Recession Observations What is Non-Farm Payroll? The nonfarm payroll measures the number of workers in the U.S. includes 80% of US workers. The figures exclude farm workers (Nonfarm) and workers in several other job classifications such as military and non-profit employees. Data on nonfarm payrolls is collected by...

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Macro Monday 18 Using New Orders for Durable Goods to Anticipate Market Direction This week we are using the Manufacturers New Orders for Durable Goods Survey data (“Durable Goods”) to help anticipate price movements on the S&P500. The 30 month moving average for Durable Goods can act as a threshold level for buy and sell signals for the S&P500 whilst also...

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The ETH/EURO Chart is holding at an interesting level - 200 Week SMA holding - POC holding also An ascending triangle or cliff edge? What do you think?

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Ethereum - CRYPTOCAP:ETH Bitcoin has been stealing the stage but is quietly confident making firm support in the background Eth has bounced from a long term diagonal support line and currently challenges the 200 week MA Hopefully we can turn the 200 MA into support PUKA

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Bitcoin - CRYPTOCAP:BTC Aside from the obvious hype of a Blackrock Bitcoin ETF approval being on the cards, which would be absolutely amazing, I'm just a little suspect here. We are overbought on the RSI and we seem to be having a ramp up in price very similar to the exact same week in 2019.... All looks a little familiar.... but I really hope it isn't PUKA

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Macro Monday 17 The Dow Theory Confirms Bear Market Today’s post may be thee most important Macro Monday of 2023 as it may be a key moment where we received technical confirmation of a change to a bear trend. What’s Got Me Rustled? Manuel Blay, the lead economist and editor from the Dow Theory has recently confirmed an S&P500 bear trend change to his...

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Yellowcake Plc - OTC:YLLXF - $6.64 ps - Potential Ascending Triangle with breakout and a re-test of underside support The beauty of all of these stocks is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do...

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Paladin Energy Ltd - OTC:PALAF - $0.65c ps - Break out and re- test of parallel channel looks like a repeat of a prior move (Red Circles). The beauty of all of the four Uranium stocks ive covered is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant...

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Sprott Physical Uranium Trust - $SRUFF Chart Really Speaks for itself A nice ascending triangle with ideal entry opportunities for the patient. Will follow up if we trigger and ideal entry PUKA

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Paypal - NASDAQ:PYPL Earnings release on 1st Nov 👀 and two chart patterns are going to hold or break.... Potential Falling Wedge (blue) could be about to hold or break down, along with a potential positive divergence (purple) which needs to hold here also. I continue my DCA into these lows. Position size is still on the small side and i am DCA'ing with an...

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HUT 8 - NASDAQ:HUT EARNINGS RELEASE: This Thursday 17th August 2023 👀 ⚠️The last 3 quarterly earning reports have had consistent 10% or more reduction to revenues . o Hut 8 is one of North America's largest innovation-focused digital asset mining pioneers and high performance computing infrastructure provider. o Hut 8 has one of the highest capacity...

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MARA - Marathon Digital Holdings We covered CIPHER (CIFR) Mining recently which is the 3rd largest public bitcoin mining company. MARA, which we are covering today is the is the 2nd largest public bitcoin mining company in the world. Soon I will cover RIOT which is the LARGEST. We save the best till last. THIS TRADE: 18:1 trade with 592% potential upside...

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CIPHER MINING (CIFR) $CIPR - Inverse Head and Shoulders breakout & retest? - Above 200 day SMA with turn up - OBV increasing - On daily chart we are above the Point of Control which aligns which closely with purple horizontal - We could see a retest of this line so I would be DCA'ing from here in dribbles especially after a big move like this weeks 25%...

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Charles Schwab $SCWH Earnings info will follow in comments: Company Market Cap: $97.8 billion Share Price: $53.72 Dividend: $1.00 dps – Dividend per share ($0.25 per quarter) Dividend yield: 1.94% (Annual dps divided by current share price, expressed as a percentage) Why this Trade? o Contrarian trade – news is so negative its hard to not to feel...

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Macro Monday 16 Silver Performance During and Immediately Post-Recession Over the past few weeks I have heard many financial analysts recommending holding Gold and Silver for protection against a recession scenario or at least holding some bullion as a diversifier or insurance against currency risk. Today’s Silver Chart and Golds Chart from last weeks Macro...

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Macro Monday 15 Gold Performance During Recessions vs S&P500 With the U.S. Treasury Yield Curve being inverted since July 2022, many leading analysts believe that the U.S. economy is headed toward a recession in coming months. Many of the charts covered on our Macro Monday releases are signaling some recession concerns (not confirmations). With this in mind, we...