Intermarket Relative Strength Analysis Report For The Week Starting 6/3/19

Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets or asset classes, such as stocks, bonds and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.

The US economy is still the largest in the world and the US dollar is still the most powerful currency in the world.  Over half of all foreign currency reserves in the world are in

World Stock Market Relative Strength Analysis Report For Week Starting 6/9/19

The Standard & Poor’s 500 Index (known commonly as the S&P 500) is an index with 500 of the top companies in the U.S. Stocks.  Because the S&P 500 Index represents approximately 80% of the total value of the U.S. stock market, it’s the bellwether index for the U.S. stock market.  In addition, the U.S. stock market is the largest stock market in the world, it’s also the bellweather for equity markets around the world. The S&P 500 is arguably the most important stock market index on the planet.

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Because we live in a global economy, the global equity markets


On 4hr chart, possible mini triangle consolidation to the downside. Yesterday opinion still valid. Weekly likely to close off evening star pattern.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :109
Total marketcap :247
Dominance :55.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Metal Analysis Report 6/9/19 – Where Is Gold Headed Next???

Gold prices jumped 1% on Friday to their highest levels since April 2018 as a sharp slowdown in U.S. jobs growth sent the dollar lower on growing expectations that the Federal Reserve would cut interest rates this year.The U.S. Labour Department reported on Friday that job growth slowed sharply in May and wages rose less than expected.”The U.S. jobs number was weaker than expected and that rallied the gold market. That gives the bulls more technical momentum,” said Jim Wyckoff, senior analyst at Kitco.Chances “have significantly increased that the U.S. Federal Reserve is going to lower interest rates sooner rather

FOMO and Sunk Cost – The Crypto Struggle Is Real

There are two things that act as worst enemies of investors.  We all know them well.
FOMO (Fear of Missing Out) and The Sunk Cost Fallacy
When the price of crypto is moving up aggressively we tend to freak out and worry about missing the ride and do things like chase price higher or buy on any little pullback.  Often times this bites us in the ass and we make a poor entry price.
Other times we hold onto something that we are up big on because it is ripping higher and any pullback is just a hiccup before things are sure to

Crypto Contest June 9: FansTime

FansTime (Huobi: FTIBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of (log scale))

Elliott Wave Analysis

In Elliott Wave terms, FansTime began a wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 18, and the red wave two (blue sub-waves a-b-c) correction ended on June 5. If this wave count is correct, FansTime should be heading next towards the May 18 peak in the red wave three.

(Chart courtesy of (log scale))


FansTime is a vertical blockchain-based project focusing on the entertainment industry. You can view their intro video below.

(Sources: FansTime and YouTube)

How can

Cryptocurrency Relative Strength Analysis Report For Week Starting 6/9/19

When you think about Cryptocurrencies, one name immediately comes to mind, Bitcoin.  Since the creation of Bitcoin, there has only ever been one cryptocurrency at the top of the market cap rankings…Bitcoin. 

When the price of Bitcoin rises, generally you can expect altcoin prices to rise with it. Likewise, when the Bitcoin price drops, altcoins also follow. And sometimes when Bitcoin is rising, the altcoins are declining due to cash moving from the altcoins to Bitcoin and vice versa.

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Bitcoin dominance is used to measure the percentage of the cryptocurrency market that can be attributed to Bitcoin. Thus, it’s very easy