Looks like a local bottom for wave 2 on CRCL into golden pocket
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Massive 4h bear div on gold
Pretty confident this is a local top and explain why the miners are rolling over
This is great for risk assets, should be able to get some momentum now
I suspect Gold is about to drop quite hard due to financial conditions not about to ease as much as the market is pricing in
TOTAL3 (Altcoins) Triggers Weekly SuperTrend Buy Signal
TOTAL3 made an extremely incremental new ATH, but the weekly candle close last night was enough to trigger a SuperTrend BUY signal on the weekly.
These tend to do a fairly good job of capturing the overall trend. If the signal is as accurate as it has been in the past, we should see an uptrend for several months.
I have said before, please read my past post, so you will learn more.
The reason I say that is because, I discuss so many stocks and members get confused with what to buy.
I have discussed before what to buy out of so many things.
I am writing again.
When anyone of you get confused what to buy and ask me, my 5 best stocks to buy,
then it says, you don't want to take risk and hence penny stocks like Eco Board, Vilin BIo , Sharika Enter etc are not for you.
And hence I have written in my past post, buy stock which have sales, have Np , growing and low p/e....
I can't write which 5 or 7 stocks I like are good, because then that becomes a recommendation, which is
against SEBI rule.....
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TAO Analysis via Chart Request
TAO is a tougher read on most timeframes.
However, the weekly Bollinger Bands are the tightest ever, suggesting a huge move is coming. It doesn’t tell us a direction currently, but a close above the upper Bollinger Band will generate a buy signal. The trade is closed when price closes back below the weekly Bollinger Band basis line.
If the rest of the market moves up, the pent up energy in TAO will release to the upside too.
BTC - Looks like a local bottom for the wave A
Naturally, I always assume corrections will be a form of an expanded flat because Crypto loves to take the liquidity on either side to wreck as many people as possible
So I'm favouring something similar here on LTF - hopefully get the C wave flush early tomorrow and then we can get this show on the road!
Don’t miss out on these mining stocks. They have all been on a rip the past week as the market is anticipating a Fed rate cut with certainty now. This is very inflationary in my opinion. These are the core gold and silver mining stocks in my portfolio with these positions having been taken on May 9th give or take a few days.
As always, these is risk in investing. Not financial advice, but a glimpse into my portfolio. I plan to hold over the next few years adding to these positions as funds become available and on days where there are some pullbacks.
I am also looking into more exploration miners as well.