Quick observations on charts that caught our attention this week.
This week’s flash covers Bitcoin’s concerning parallel with 2022, and a Silver follow-up: despite the rally, the bubble thesis remains intact.
Quick observations on charts that caught our attention this week.
This week’s flash covers Bitcoin’s concerning parallel with 2022, and a Silver follow-up: despite the rally, the bubble thesis remains intact.
Weekly appointment with the world’s most watched charts.
The S&P 500 came under pressure at the beginning of the week — the weekly low marked a -2.2% drop from the prior week’s close. But the bulls came back, and by Friday’s close at 6,915.61, the weekly loss was just -0.42%.
Nothing happened? Let’s see what the market told us.
Weekly tracking of the Italian benchmark index. Why do we do this?
Check out our strategy page.
My proprietary DBBT indicator identifies misalignments between current price and expected technical levels on major indices. Every week, we put the FTSE MIB in our crosshairs.
The hunt is on.
Pattern Spotted is our Wednesday format that showcases real-world applications of Monday’s Pattern Decoded. This week: Long Upper Shadow.
This week, Silver deserves our attention and that of half the planet.
To talk about Silver, I believe the right approach is to step back from the chart to admire it from a distance, a long distance.
This is the chart of weekly closes from 1970 to today… too far back?
Perhaps, but let me explain why.
Weekly tracking of Italy’s benchmark index. Why we do this? Check our strategy page.
My proprietary DBBT indicator identifies misalignments between current price and expected technical level across major indices. Each week, we put the FTSE MIB in our crosshairs.
The hunt is on.
We’re using the Dow Jones Industrial weekly chart, which offers two perfect cases: a wannabe double top and a real double top.
Weekly appointment with the world's most watched chart.
The S&P 500 just set another all-time high. Another centimeter à la Duplantis — the bare minimum to make the history books. The permabull vs. permabear battle rages on: the bulls have been celebrating for five years (the selloffs didn't even last long enough to worry about), while the bears keep repeating "yes, new high, but we're still right there."
Let's establish the facts.
Weekly tracking of Italy’s benchmark index. Why we do this? Check our strategy page.
My proprietary DBBT indicator identifies misalignments between current price and expected technical level across major indices. Each week, we put the FTSE MIB in our crosshairs.
The hunt is on.
The Transatlantic Rate Divergence
This is the table worth watching.
US 10-year Treasury down 42bps. German Bund up 50bps. French OAT up 36bps. Italian BTP flat.
Two central banks, two different paths. The Fed is cutting. The ECB is stuck — inflation stickier, fiscal concerns in France, Germany struggling but yields rising anyway.