To put in context with Ray Dalio's theory. Here I plotted : Scenario 1: Somehow, the USA breaks the rule of every other empire in the history of humankind and climbs back to the top after 90 years of bear market. (I don't buy it) Scenario 2: We still have 10 years to grind to new highs until fully overextended at 6864 and then comes the fall. Scenario 3: This...
I was just trying to find macro-cyclical patterns with respect to the S&P500. 1) The current recession narrative has been floating for a while. Feels like the world "expects it". 2) If 1 becomes true then a 50% correction from ATH seems relatively plausible. 3) This chart is 151 yrs old and the great depression started at the 60th year of the S&P. If we...
This is my first publication. Feel like this token has been in an accumulation phase for a while. Disclaimer : This is no financial advice!
Experimenting with Gann Squares. - Correlations seem interesting - Lot of Alts ripped to the upside last year in Jan after correction. Same thing about to happen? - Price action reminds me of SUSHI - Supply + marketcap + rank #600ish = lots of room for bull run - Product itself is not revolutionary but it's clearly in a winning team (SOL, SAM) No financial advice
I did this analysis on SPY last October. If you put together context and history on this chart, It's hard to ignore a potential painful scenario. Here are my thoughts. 1) If the markets are truly fundamentally cyclical, we could imagine the past being just versions of the same phenomenon : "When we're highly over-extended, old profitable bags are being sold to...
Got greedy on my first theory, volume was not strong enough to break the downtrend. Bullish bias: I don't see how 23andMe is not becoming the google of consumer genetics. Technical analysis is based on past impulses and potential movements based on a bullish 2022 Q1-Q2 market. Not financial advice
Thesis on chart. It looks like smart money is rotating their gold gains towards other emerging markets? Maybe tech or crypto or both? Disclaimer : No financial advice.