@allstarcharts $BTC has had a “religious cult” since <$100 my friend.
Hopefully traders won’t feed the stop hunting whales as they did in June :)
I love your work, but had to jab back here haha.
$VIX #VIXX continues to experience an IV crush #vvix
as long as $vvix continues to make lower lows and lower highs its hard to be bearish.
Blue candles = cooling VVIX
Yellow candles = rising VVIX
#GLD $GC #gold turns out the seasonality was correct.
10 years data suggest #gold bull's next hope is not until December 20.
#seasonality is never a standalone signal but an interesting backdrop
#Seasonality
10 year averages of seasonality is suggests weakness in commodities starting this week.
/CL /HO /ZC /GC
all showing weakness.
#GOLD $GLD looks the worse seasonally.
data suggest target: $1760 on 27 Sept 2021
@allstarcharts Fundamentally guys are starting to figure out ATOMs future cash flows once all is integrated. It currently yields 8-10% but big upgrades are coming in October which will bring more activity and rewards. I’ll let them have mine at the 161.8 & 261.8 :)
@allstarcharts IBC inter blockchain connectivity.
The current crypto environment is similar to the intranet. Segregated protocols. Cosmos facilitates bringing crypto to the internet stage. Securely connecting multiple chains together. Got in Oct 2020, thanks to On-Chain metrics.
$CZR
Holding strong above weekly highs of $110 and 161.8% fib from March 2020
"Caesars Entertainment, Inc. is a gaming and hospitality company that owns and operates gaming facilities."
$VG Breaking out of 3 year base and bull flag created this week.
"Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices."
$CF Breaking out above 3 year base if it closes above $55.37 tomorrow.
"Manufactures and distributes nitrogen fertilizer, and other nitrogen products. "
Risk On / Risk Off indicators are holding onto the bulls side.
$HYG / $LQD
$HYG / $IEF
$LQD / $IEF
$AUD / $JPY
$XLY / $XLP
$RCD / $RHS
Can $SPY hold AVWAP from 12 May 2021? might be an important level.
#ThrinkScript#TOS#thinkorswim $spy #spy
I'm saddened that I was at work and missed my rare green buy triangle that has a 78% chance of picking the bottom in the past 10 years. Oh well.
$SMH #Semiconductors#SMH#seasonality
Strongest consolidated cluster of bullish seasonality for SMH in over 2 years.
10 years average data suggest SMH climbs consistently through Nov 8th.
7 months of consolidating along 261.8% fib from 2008.
Will TNX breakout impact SMH? 🧐