[GVI Forex]

BTC 4 hour chart – on the sidelines?

BTC FAILURE TO REACH ITS RECORD HIGH HAS IT BACK BELOW 70k.

THIS HAS IT TRADING IN SORT OF A NO MAN’S LAND, ALTHOUGH THE FOCUS STAYS ON 80K AS LONG AS IT STAYS ABOVE 65K7

[SF Monedge]

The US House has passed a bill calling for a new oversight arm to regulate crypto technology.  The Securities and Exchange Commission vehemently takes the position it will allow for regulatory precedents to be thrown out and will create unestablished frameworks and vastly increased risk for investors if the technology is not regulated as securities.

The bill treats it as commodities, hence setting up a duel between the SEC and CFTC over who profits from regulating it.  It is the view of Monedge that is really all it is about.  Regulatory job security and market share.  Our experience with both bodies is the frameworks are already full of holes, are now as much an agency business growth model as a consumer protection mechanism.

Our vote is for an upgrade to the regulatory structure and a cleaning house of its management.

[Belgrade Bobby]

DJIA Index

Ugly drop – support now comes at 38.550

I don’t want to call the top, and I don’t have technical reason to do so, but just plain logic telling me that this is starting to look bad for Djia…

[Belgrade Bobby]

VIX Volatility S&P 500 Index

Lots of commotion around this Index, calls for Reversal and other End of the World expectations…

So far couldn’t reach even the first Fibo, and not to mention $15 that would give it a chance for some stabilisation .

[Belgrade Bobby]

NVIDIA Corp. (NASDAQ)

Monedge and me hit the nail on it last night – for us it was no brainer 😀

Pre market price was obviously a bargain with some discount on top of it…

$990 , $945 – as long as they hold the pressure, we can see it higher.

[Belgrade Bobby]

AMC Entertainment Holdings Inc. (NYSE)

This one is a Meme stock – Flying high and fast, dropping even faster …and maybe even deeper.

An example how amateurs can start the fire and burn in it themselves….

[Belgrade Bobby]

MDT Medtronic Plc. (NYSE)

Stocks are mostly down on NYSE, but I am picking up two types : those that had a chance to break higher and failed and those that had no chance…so no surprise…still I enjoy it 😀

[GVI Forex]

Stocks down … see earlier posts

[SF Monedge]

For shorter term cycles the 10yr likely has viable stall cycles possible entering the 105.40-50 area.  Anything under that I would consider somewhat increases risk.

[SF Monedge]

Monedge is not considering any stalls in the 10yr yield to be a (significant) over-reach unless the 106 area is reached.  Stalls in the 105 area would be shorter term cycles.

[GVI Forex]

It looks like markets are shifting to ridk iff

See my US500 post

If Nasdaq titns negative (currently +0.20%) it might sound an alarm, especially after Nividia earnings.

[Belgrade Bobby]

EURUSD Weekly

Supports at 1.08000, 1.07600 & 1.06900

Resistance at 1.08800

If this pattern continues to evolve in the right direction – Down, we are coming back to talks about Parity…

This is weekly chart and not really proper for daily trading, but you have to go back to it every now and then to be able to understand the big picture and use it for daily trades.

[michael Calif]

JP 4:25 – per Option Profile, 10yr futures are a strong BUY at 108′ (which I guess means a Top in rates around 4.51 ?)

[SF Monedge]

Yields have run out of steam.

[Mtl JP]

“50”
DLRCHF 9150 – making 3x high on the s/t charts

currently iffy IF it ll break out N as yield appaers to be unenthusiast, just wallowing

[Mtl JP]

Market (not so) Secret
Momentum:
–
Means
– enthusiasm for … x
– don’t have to spend $, energies
– can be self-feeding (fomo)
one of the easiest ways of making moolah as enthusiasm builds

until it doesn’t

[SF Monedge]

JP – the internals across markets I am watching are still bid in an array behind the scenes and keeping that 20 level in Euro holding.  The probabilities favor a crescendo but there is still the potential for it to hold.  I am going with the probabilities unless shown otherwise, and it should be after the auction.

[Mtl JP]

no recession on horizon, of course not. yellen says so
–
10-yr 4485; 2-yr 4940

doom doom doom doom

[Mtl JP]

brothers n sisters … re 4.5%
Q for today:
–
what do you think: IF yield hits 4.5% will it
a) be an instantaneous hit n run like dlryen was or
b) will it break out N and run away ?

[GVI Forex]

US 10-YEAR TREASURY YIELD – ALL EYES ON 4.50%

This chart shows the 10-year price (inverse with yield) as the bond hovers just below 4.50%

As you can see from this chart, this is not a major level but psychologically it is important for all markets..

[Author]

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