Four signs the high is in for the S&Ps for the next four or five years
1. Last March I made the case on X that S&Ps would develop a 5-yr trading range from 4,500 to 7,000
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Keep reading
⬇️ 2. Hindenburg Omen signals - typical for tops. Do your research on this yourself. Read @McClellanOsc at
Chart from @DKellerCMT
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Keep reading
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https://x.com/McClellanOsc/status/1986204132819251389

Hey futures traders
Attention now turned to trading. My work week begins
The next two to three hours are among the most important of my week. If you want to know more you can read on ⬇️⬇️ So, Friday afternoons I scroll through the weekly charts of about 200 symbols including about 60 tradable futures markets globally. I have been a futures trader since 1975 when in my 20s I entered the Chicago Board of Trade ⬇️⬇️

The Red Dots are where I think we end the year in 2025
S&Ps, then Yen, then 10-Yr Bonds⬇️⬇️ Yen - the big surprise ahead
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As always, a wonderfully insightful view into trading with facts that most novice traders do not grasp; but, the few who do "get" it AND internalize it AND are willing to endure the process have a great chance to succeed. Reader -- are you among the "few?" 🧵🔽

https://twitter.com/samuraipips358/status/1884209822922596395

Confidence in an approach to trading is born out of the times of misery than from the times of bliss. Any approach to trading -- sooner or later -- will have some good scores. But only those approaches that survive the losing times with capital intact will succeed long-term 🧵🔽

ADVICE FROM A HALF-CENTURY FUTURES MARKET TRADER
Is your desire to trade futures for a living? Here are XX things you must understand to make it
1 of 23
Thread to follow ⬇️⬇️🧵🧵 1. Have realistic expectations on success. The world's best traders achieve 40% annual RORs. Aspiring traders who think 10X is possible every year will become rekt - this has my guarantee

B I T C O I N $BTC
There are numerous ways to determine targets. One variable is whether semi-log or linear scale is used
Target of 94,000 is measured move of triangle projected from breakout level on semi-log
⬇️ 🧵 1/3 A swing target can also be determined by projecting the Nov 2022 low to Mar 2024 high upwards from Aug 2024 low as shown also on log scale
For now I think this is a stretch
My rule is one target at a time
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The most interesting chart developments I see right now
See thread
#1
$ETH closing price chart inverted H&S pattern
I am flat in ETH #2
Bitcoin/Gold ratio $BTC / $GC_F
Massive continuation inverted H&S on weekly chart
I am long Gold futures and $GLD

Reflections of a 50-year Commodity Trader
I refer to raw material commodities as "popcorn" markets. The kernel pops, hits the lid and returns down immediately.
Commodity prices return to the "production cost" of the most efficient producer
Red line is current price
Cotton $CT_F Natural Gas $NG_F