DJI Weekly & Daily
First touch of weekly lower band since covid low
Lowest weekly RSI in about 1 year
Higher low 10/13 then very quickly back towards highs in next 2 days
Bulls in charge, per daily chart could see 36K
This chart may not mean much for crypto fans but I think interesting
Copper Gold ratio, weekly
Gundlach favorite (who's he most readers say lol)
There's that inflation pump
Bad for bonds (predicts higher yields, esp 10 year)
CL oil
Actually leading the market, notably higher highs compared to indexes
Seems like 90 is done deal, doesn't mean Monday is good entry though
I've been working on adding review info to the sheet & wondering about best format - suggestions appreciated!
I'm doing a lot here, & though usually saying something about major asset classes the actual content varies.
The goal is both for me to have a realistic review...
Such as have I been generally too bearish on stocks, etc or what markets have been the best (probably cryptos have to say).
But also for you, regulars and new users, to see how much I am actually writing out in advance, more or less, without digging through 12 weeks of tweets.
I could assign a score (like 1-5 where 1 is just wrong, 5 is nailed) for each of the 3 major markets I tend to focus on (indexes, cryptos, safe havens), then average for the week
But this is also a lot of work in hindsight, maybe going forward