Jamie Dimon doesn't want mass adoption of Bitcoin because Bitcoin takes control of money out of the hands of the bankers.

#Bitcoin / #BTC / #Nostr / #BTCUSD / #Satoshi

Reverse repos spiked as expected. Typical year-end window dressing. From here on out RRPs will rapidly descend toward zero.

#RRPs / #RPs / #FedPivot / #Fed / #FOMC / #MonetaryPolicy / #Recession / #InterestRates

⚠️ The #HYG / #TLT (adjusted) ratio just printed a gravestone doji on the 4-month chart. All oscillators on this timeframe are as over-extended as they've ever been. A reversal is likely coming in 2024.

This is a major #recession warning. This ratio tops in the lead up to an economic recession, and it bottoms near business cycle lows. This chart is warning that we're likely near a major market top.

#Bonds / #Treasury / #Fed / #FOMC / #InterestRates / #AAPL / #TSLA / #MSFT / #NVDA / #Recession / #Stagflation / #Bitcoin / #Trading / #Investing / #Gold / #Nostr

Correct, supply constraints (mostly due to deglobalization / economic protectionism / geopolitical conflict) will likely continue adding price pressures even as demand wanes, resulting in stagflation.

One great model for safe haven assets is Exter's pyramid. His model was created before the advent of Bitcoin, which is existed then would be on the same level as gold. Self-custodied Bitcoin generally has no counterparty risk, like physical gold.

Of course, not financial advice. Do not buy or sell any security because of my posts.

Invesco DB Energy Fund DBE just formed an inverted hammer on the 6-month candlestick timeframe. This may be signaling a major reversal (though it won't necessarily happen right away).

#DBE's overall structure on this timeframe is a bull flag (shaded in red). Price has descended to and is appearing to find support on the EMA ribbon.

#Energy is likely to break out right as we head into a recession, which could cause strong stagflation.

#Commodities / #Gold / #Bitcoin / #Inflation

Breakwave Dry Bulk #Shipping ETF tracks the daily change in the price of dry bulk freight futures.

Following the start of the #Israel-#Hamas war, it has jumped over 150% from its bottom in July.

This is not something you want to see right before #interest rate cuts.

#Commodity / #Inflation / #Recession / #Stagflation / #Trading / #Investing

The McClellan Volume Summation Index reaches its highest level in over a year. It's now in extreme greed territory.

#SPY / #SPX / #SP500 / #Trading

The #VIX is sending mixed signals as we head into 2024.

#Bullish divergence has been occurring throughout 2023 on the weekly VIX chart, which would typically indicate a #volatility spike is potentially coming. However, during this same timeframe, hidden #bearish divergence also occurred.

C

In the next recession the bottom of the graphic will occur...

#Bitcoin / #BTC / #Stack / #Sats

Well said. Indeed many do fully know how the fiat system works, and sadly many of them just exploit the system for their own personal gain. Bitcoin will change everything. Thanks for leaving a comment!

Economists are totally stumped about why #consumer sentiment remains so low despite a 'robust #economy', but the answer may be simple.

Here's a chart of consumer sentiment with the #dilution of the #monetary base as an overlay (in red).

Consumers are feeling the pain of having their purchasing power diluted, and thus their sentiment is low. In other words, sentiment has been correlating with (real) purchasing power.

The #Fed has been using the #CPI to paint a much better picture of inflation than is actually occurring. The problem for the Fed is that even though it can try to downplay the real rate of #inflation, consumers are sensing that inflation is much worse than is being reported and this is being reflected in sentiment data.

With that said, if you think things are bad now, currency inflation is poised to get far worse in the years ahead as the ratio of interest on public debt to #GDP spirals higher...

Note: To illustrate the dilution of purchasing power I used the formula: 1/(WALCL-RRPONTTLD-WTREGEN). This formula represents the value of one U.S. dollar relative to the total monetary base. The expression #WALCL-#RRPONTTLD-#WTREGEN reflects the assets on the Fed's balance sheet that determine the monetary base.

#Ether appears to be printing two gravestone dojis in a row on the 2-week candlestick chart.

If this pattern is confirmed, a retracement is likely at the start of 2024. The last time a similar pattern formed, #ETH corrected about 15%.

#ETHUSD / #Ethereum / #ETHUSDT / #ERC20

The Regional #Banking ETF ( #KRE ) is currently testing the monthly EMA ribbon from below. Not out of the woods if price cannot overcome this important resistance level. During the Global #Financial Crisis, the monthly EMA ribbon acted as resistance.

Although the #Fed has ostensibly been tightening monetary conditions due to inflation, this year actually experienced a significant increase in the monetary base.

As of the time of writing, 2023 has seen the 6th largest increase in percentage terms and the 4th largest increase in nominal terms of any year since the Great #Recession.

This is, in large part, why risk assets have rallied strongly this year.

Multiple bearish divergences are occurring on the higher timeframe charts of #SPY

This chart shows the bearish divergence that appears to be forming on the weekly timeframe. Notice that the weekly RSI is at a very important trend line.

Bearish divergences are also occurring on the monthly, quarterly, and even yearly charts.

#SPX / #SP500

Think of it like this: When the Fed loses money that is the same thing as the Fed creating money. So in essence, this is just another obfuscated means of increasing the money supply. BTFP is monetary easing.

One of the problems of generative #AI is that it's not open-source. Centralized control of AI is a major threat.

I may have screwed up the upload here, but if you'd like to watch my video, here's the YouTube link: https://youtu.be/6jfl6LjDIbQ

Great question! It doesn't take on a different name after a downtrend (it's still a gravestone doji), but when it occurs after a strong downtrend it usually reflects capitulation because it can be a sign of renewed selling at any sign of strength. So if you see a gravestone doji after a strong downtrend, it's usually trapped longs trying to get out at any sign of strength to cut their losses.

At a market top, a gravestone doji is also just the higher timeframe version of a tweezer top. For example, a tweezer top on the 30-minute chart is essentially a gravestone doji on the 1-hour chart.