SPX- Just broke down and confirmed a Rising Wedge formation. We will be looking for price support at 6,700 if this support fails our next target would be 6,500 which would erase the last five months of market gains.
Bearish Head and Shoulders pattern on PLTR. Looking at $125 for the next support, if this level fails odds are we will see a larger scale retracement. #PLTR
Live Cattle futures. This break out is interesting, are we looking at new all time highs soon or are we looking at the start of a double top formation which would give us a reversal pattern and bring relief to consumers.. ๐ค
Americans own more stocks than ever:
US household allocation to equities as a % of financial assets is up to a record 47.1%.
This percentage has surged +16.6 points since the 2020 pandemic low.
Since 2008, allocation to stocks by Americans has risen +142%.
This is also 8.4 percentage points above the 2000 Dot-Com Bubble peak of 38.7%.
At the same time, household cash allocation is ~16%, near an all-time low.
US households have never been more bullish.
BTC - ๐ On 89k for the next support level. Probability is growing, That price falls back to the 84-81k level, creating a double bottom and a bullish reversal pattern.
My immediate target for silver is $85!
Silver broke out in October 2025 from a 14-year formation. Presently it is going through a grand retest around 2011 all time high.
Once retest is completed, which I expect to happen early November, I expect silver to initiate a parabolic run to $85 before year end 2025. $36 amplitude from 2015-2020 bottom to 2011 high applied to to all time high just under $50 targets $85 mark.
Surely over time silver will rally to triple digit level, but $85 is my immediate target. My target for gold is $4.9k coupled with $85 silver price suggests gold to silver ratio (GTS) of 57. 2016 and 2021 bull runs in precious metals ended at 66 and 62 GTS respectively . So I guess 57 perfectly fits in when you connect 66 and 62 with a straight line.
This post is not an investment advice!
@shanaka86@KobeissiLetter Premature. She has not been found guilty. How lazy do you have to be to not look that up before commenting on the subject? ๐ฉ Tier