Chart of the Week – BITO
A pullback or extension that almost matches a prior move points to an echo. That means we can expect a similar following move.
Read MoreA pullback or extension that almost matches a prior move points to an echo. That means we can expect a similar following move.
Read MoreEvery time SVXY gets a pullback greater than about 15% we see a bottom form on SVXY and then a strong rally right back to the prior high from where it just corrected.
Read MoreDon’t jump the setup in HSBC early, because the whole pattern breaks down if HSBC drops down below $32.
Read MoreThe current interest rate environment isn’t friendly for refinancing big chunks of money. It’s going to be WAY more expensive, in a time when people want to work from home… leading to less demand. Higher prices and lower demand creates our perfect storm.
Read MoreHedge fund net exposure to equities (which means subtracting short exposure from long exposure) is as low as it’s been in three years.
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