This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
[Premium] Monthly Charts Strategy Session November 2021
This is the video recording of our November 1, 2021 Monthly Charts Live Strategy Session
[Premium] Monthly Charts Strategy Session July 2021
This is the video recording of our July 6, 2021 Monthly Charts Live Strategy Session
Crypto Crashes. Now What?
From the desk of Louis Sykes @haumicharts and Steve Strazza @sstrazza
The Crypto space just experienced its worst day since the height of the Covid crash.
Bitcoin was down over 30% on an intraday basis, while Ethereum was almost cut in half.
We see this recent action aligning Crypto with what’s taking place throughout the market. Bulls have had a more challenging time in recent months, and risk assets are coming under increasing pressure.
Speaking to this topic, here’s what we outlined in a note earlier this week:
One more chart that I think is interesting is the Bitcoin / Gold ratio hitting it’s upside objective and reversing hard.
How many people are telling you to sell Bitcoin to buy Gold?
I don’t hear any at all….
If we’re below 36:1 in the ratio between Bitcoin and Gold, then we prefer Gold.
Of course, we had no idea a 30% crash was on the horizon… The conditions simply warranted owning defensive assets like Gold over Bitcoin. And this is something we’ve been seeing across asset classes all over the globe.
Long story short, the writing was on the wall – and after such a great run, it’s only normal to see some corrective action.
The Underachievers: Nasdaq & Bitcoin
[Premium] Monthly Charts Strategy Session May 2021
This is the video recording of our May 3, 2021 Monthly Charts Live Strategy Session
Bearish or Bullish: Is This Time Different?
On this week’s episode of Bearish or Bullish, we talk about Year 2 of Bull Market cycles for stocks. Is this one those? Like 1976, like 1983, like 2004, like 2010?
What about Ethereum continuing to hold its breakout? Why is Ether doing so much better than Bitcoin?
Financials and European stocks breaking out of historic bases?
European Super Leagues? The Knicks don’t suck?….what the heck is going on around here?
Let’s discuss: [Read more…]