Market Charts
Please Read the Disclaimer
(Unless otherwise noted, points on the charts represent thoughts on only directionality, not price or time)
I said on 7/27 that we may have made a top in the stock market. Not yet confirmed. Long way to go down. The whole topping process has become complex. Still watching.
Bitcoin
This is a very bullish case for bitcoin. I cannot see bitcoin going up while the stock market is going down, so something has to give.
US dollar
There is an argument that the dollar has peaked, and that is what is reflected on this chart. There are many people who say this absolutely cannot happen. For now, I see no bullish alternative in the charts, other than the recent move up is just the first leg in a three-leg rally.
Gold
Since I have decided that the dollar has peaked, then gold has bottomed.
Oil
I have been bearish crude for a long time and I still think crude is very bearish.
TBonds
I think the decrease in interest rates will continue as a bear market rally.
CPI
This indicates that inflation is on a decline to something on the order of 5.5% before increasing to its next peak at around 11.4%.