$NYXBT weekly chart shows possibility of BTC testing its highs around mid-year 2020. One scenario is a run-up to $18,000 then a back-test of $13,000 late 2020. Then 2021 sees a break of $18,000 with that number becoming support. Recommendation: … Continue reading →
Here are two long term monthly charts, for QQQ and AAPL, indicating that some markets in the USA, may be going vertical at some time in the medium term. Vertical markets are unsustainable, and are dangerous to both BUY and … Continue reading →
Here is updated chart of Global Real Estate Index, which I am using as proxy for the global economic cycle. The blue line is the 30 week moving average, which indicates we are in a Weinstein Stage 2 BULL market. … Continue reading →
Base metals, which includes copper, are locked in a bear market right now. Deflation. The DBB chart below shows the path ahead, with potential target about 20% lower from here into 2020. Price has completed its back-test it appears, and … Continue reading →
Novo Resources Corp. (NVO.V) Novo is still in consolidation mode, waiting for the fat lady. This consolidation seems to be coming to a decision point, later this year or early next year, where I expect it will resolve to a … Continue reading →