Patrick Karim

Chart trader.

[Patrick Karim @badcharts1]

We are close to a very RARE and HISTORICAL event.

This would be only the 2nd time in over 125 years that we get a "SUPER" Capital Rotation Event.

Stock markets get destroyed when adjusted for inflation...

While gold, silver and friends enjoy their BEST years of outperformance!

[Bybit @Bybit_Official]

This is more than trading. It’s how you make it.

[Patrick Karim @badcharts1]

You won't see a true bull market in Bitcoin when this is happening to it, priced in gold.

You just won't.

[Patrick Karim @badcharts1]

Bitcoin is a disaster waiting to happen.

Okay, there you go.

I said it.

[Patrick Karim @badcharts1]

Bitcoin Vs Gold

No matter the outperformance it has done since inception, it still has not surpassed levels last seen over 4 years ago.

I am simply comparing the levels of today to what they were the first time they were attained.

Stay clear until that dome gets busted.

[Patrick Karim @badcharts1]

Cameco Doubled.

Was $51.96.

Now $107.24.

[Patrick Karim @badcharts1]

Kaboom!

Uranium flagship play Cameco doing what flagship plays are suppose to do.

[Patrick Karim @badcharts1]

Gold.

My custom indexed MACD still has gold over heating, which is fine.

The problems arise when it stops over heating.

[Patrick Karim @badcharts1]

Silver Versus The US Stock Market - a "SUPER" Capital Rotation Event.

Here is a more detailed BIG PICTURE roadmap, this time using quarterly closes.

We are heading into the "TURBULENT Zone".

Once cleared, expect silver & gold and friends to DRASTICALLY outperform.

[Patrick Karim @badcharts1]

Silver.

Odds of an melt-up are diminishing.

At least not before the next correction resolves bullishly.

[Patrick Karim @badcharts1]

Gold.

Five more trading days left, as the US stock markets looks to avoid a CRITICAL breakout against it.

Another great lesson to NEVER front run a possible breakout!

[Patrick Karim @badcharts1]

Gold vs Silver.

Back below that yearly defined historical breakout line.

[Patrick Karim @badcharts1]

Silver.

$47 target reached.

Time to reach target scales in time until a confirmed breakout enacts it.

Always wait for confirmation.

[Patrick Karim @badcharts1]

Gold. Silver.

Launch patterns have exceeded their measure move targets.

What comes next?

I would expect more launch patterns to morph into existence. Those are the building blocks of a long term uptrend.

[Patrick Karim @badcharts1]

Trading & Investing.

You can choose the hard way, or the easy way.

I can help you with the easy way.

[Patrick Karim @badcharts1]

Another lesson for those trading pure fundamentals.

Newmont beat the consensus yesterday, yet price dropped over 6% today.

Remember, market is forward looking.

You never know how much is already priced in.

Best is to let the chart tell you when the low risk entry points are.

[Patrick Karim @badcharts1]

Things that make you go hmmmm....

[Patrick Karim @badcharts1]

MUCH BIGGER MACRO CYCLES IN PLAY.

A "super" capital rotation event is nearby. But first, pain is required for US stock markets.

The acceleration in destruction of your purchasing power required to save the economy will fuel gold, silver, miners, oil to outperform.

[Patrick Karim @badcharts1]

Miners Priced In Gold.

Expect their performance to slow down for a while.

[Patrick Karim @badcharts1]

In all likelihood, Netflix will enter a correction on the monthly chart.

This could open to more drawdowns and opportunity costs, for those that hold on.

35% move down from here possible.