We have reached the moment of the 100Y trend retest on 1929-2000 direct peaks... $SPX make it or break it...

@batesbn It all depends how fast yield-curve will be uninverting, so far it's just 10y/3m = +30bps - that's still nothing, but +50-60bps usually everything is baked for good and for long.

10y3m today is up +45% 10y2y is up +16% February is important as (M)MA100 break is building.

@samshah778727 Yeah, we need to wait WHEN bear steepener will flip into bull steepener (and during bull steepener DXY will be going higher) = market is 100% baked and without any possibility to rescue.

$MSTR & $HYG - time if flying, but charts got stopped on the same levels...

$COPPER #HG_F let's do it once again...

I've been warning about that problem since couple years. Not only it'll be growing, but this ideology will gain traction the more economy will be tanking. I know a lot of people will say economy is doing fine. For me to say it's doing fine I need to watch just 2 charts. DJI/GOLD or SPX/GOLD if those 2 charts are breaking/peaking/topping and start going down = economy is tanking in the background = general nazi ideology will be getting a lot of traction again. Economy loves to repeat the same patterns and it's just repeating.

RT @DobackHuffInc: Can’t imagine why sales are down -59% in Europe 😆 $Tsla

1/ I think gold will be raising until SPX will jump below (M)MA50 (4300) I shared this view some time ago, now if 1980-2011 trend might be broken it might confirm this thesis. 2/ Hard to know who is leading whom. My old cheat sheet saying : 3 assets : gold, cash ($$$) and bonds after interest rate spike (smelling Oct 23 as bonds bottom) 3/ SPX/GOLD and DJI/GOLD pointed for 2018 as a big cycle rotation, so far gold is #1 from this moment, SPY/TLT got (M)RSI=90 so anyway big move coming here - question if "interest rate spike" is already behind us. 4/ VIX needs to close > 20 on (M), and it'll be leading all way SPX towards (M)MA50, where a big battle will occur.

@drsparwaga Wars and stock prices are not really sticking together. Anyway I don’t believe in any bigger war pre economic collapse and market tank. If history rhymes you saw that Hitler needed 7 years post crisis to start a global war.

There'll be IMO a lot of reasons for gold going higher longer term = of course there will be corrections too. Once again if we take a summary of DJI/GOLD, SPX/GOLD you see that 2018 was your point of entry, and NO the fun has not even STARTED looking on those ratio charts. If since 2011 when those ratio charts bounced back on QE+MMT cycle you ask me when we'll get COMEX blow up, I'd say, the moment we break key trend post 2011 on SPX & DJI to GOLD. And it happened in April/May 2024. I can't wait what will happen around blue (M)MA200.

@danielxchock 10y/3m is just +15bps, 60$ won't be a low for 100% (but maybe it'll get a bounce on it, or below it). In 2009 yellow (M)MA100 was a solid bottom because 10y/3m jumped > 3.5%, now it's +0.15%. It's a 10$ stock. Not today and not tomorrow of course.

@samshah778727 because you have seen nothing, we have record non-affordability, that means the implosion of the real estate bubble must be like XIV event...

Not really. News don't matter watch GOLD/BTC support levels. I encourage everybody to cut news because they totally don't matter and watch key technical charts. You will get plenty of events later you can fix to this thesis of BTC peak.

$LEN - so homebuilders, so far it doesn't look so bad. 2.618 FIBO hit, but things'll get crazy if 68$ level will be taken down and flip towards resistance from support. That'll mean if you bought a house post 2020 break you'll be the biggest sucker on earth and housing market spike post 2020 was the ultimate bull-trap.