fxfox Posted March 31, 2023 Report Share Posted March 31, 2023 Buttcoin sorry to say and it is against my own conviction, but this thing is technically ultra bullish. It is like it is. My problem is: I don‘t understand its flows, i mean, I don’t know who the buyers are? Lunatics? Former Gold Bugs? Foreign Gobbernmints? Hard to calculate risk if you don‘t know with whom are you playing with… 🙄 Link to comment Share on other sites More sharing options...
SiP Posted March 31, 2023 Report Share Posted March 31, 2023 Starting from October 2022, SPX paints classic higher highs, higher lows which is the definition of bulish trend. Its hard to be bearish based on chart. Link to comment Share on other sites More sharing options...
fxfox Posted March 31, 2023 Report Share Posted March 31, 2023 19 minutes ago, SiP said: Starting from October 2022, SPX paints classic higher highs, higher lows which is the definition of bulish trend. Its hard to be bearish based on chart. Correct. No doubt about that. Funk-a-mentals were still lousy in 2009… Link to comment Share on other sites More sharing options...
fxfox Posted April 1, 2023 Report Share Posted April 1, 2023 Link to comment Share on other sites More sharing options...
SiP Posted April 2, 2023 Report Share Posted April 2, 2023 12 months avg (on monthly intervals) are bullish on spx and nq Link to comment Share on other sites More sharing options...
fxfox Posted April 2, 2023 Report Share Posted April 2, 2023 https://www.forexlive.com/news/saudi-arabia-and-other-gulf-states-announce-1-million-barrels-per-day-in-oil-output-cuts-20230402/ Link to comment Share on other sites More sharing options...
sandy beach Posted April 2, 2023 Report Share Posted April 2, 2023 1 hour ago, fxfox said: https://www.forexlive.com/news/saudi-arabia-and-other-gulf-states-announce-1-million-barrels-per-day-in-oil-output-cuts-20230402/ Just in time for Biden to refill the SPR. 😜 Link to comment Share on other sites More sharing options...
Jimbo Posted April 3, 2023 Report Share Posted April 3, 2023 WEALTH TRANSFER FOR FUN AND PROFIT So where is all the regional banks share capital going. It's being transferred to the fixed rate borrowers. Chief of whom it the US Government (1% yield Bonds anyone???). Its called inflationary transfer. That's how the US Government deficit gets funded. Through the FED's fiat print mechanism. Which I have posted about ad infinitum on this board. It always ends with a rush out of financial assets and into real assets. As investors rush out of financial assets the FED has to print and buy them in order to prop the financial system up. Link to comment Share on other sites More sharing options...
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