It seems that people were in a rush to buy in... just to realize it wasn't a good idea.
Congratulations to all the fools that bought into this initial rally.
Remember who's the only one profiting from this: Elon Musk.
Oil prices went below linear trend, sweeping the April lows.
But they also went above trend for about three months...
On the other hand, it suspiciously found support at the 200-day MA.
200 days roughly covers all this year so far.
So, do we go up again from here or not?
So oil prices were back to the linear regression channel by June 12, and retesting the April lows exactly on mid June (June 15).
I must say my initial post turned out to be such an astonishing prediction, exact as clockwork.
#OilMarkets #Commodities#Oil
Update on this.
$MRNA still looking good.
Next stop might be around 200 week moving average.
More than 50% potential short-term target if move up restarts (which looks likely).
Great trade for those who care.
There were 3 months left 6 months ago, and also 2 months after that.
Typical example of "fool me once ... fool me twice..."
You can't even choose proper titles for your videos, just clickbait.
Shame on you.
#BravosResearch#scam
So oil prices were back to the linear regression channel by June 12, and retesting the April lows exactly on mid June (June 15).
I must say my initial post turned out to be such an astonishing prediction, exact as clockwork.
#OilMarkets #Commodities#Oil
A linear regression channel from December to February (before the major jump in prices) shows that oil prices could be back in trend if they were just to retest the recent lows from April by mid-June, at around $82.
Something to consider.
#commodities#oil#marketAnalysis
youtu.be/wKXgeNwNRJ4?si…
12:07
"So you give SpaceX your money [...] and in exchange, you get a small, voteless, unlitigatable piece of the largest company ever to go public."
Update:
$AENA back in trend after struggling for a bit.
The trend is intact until proven otherwise, but the fact that it went below trend for a while may be a sign of a weakening trend.
Even if you had bought in the lower part of the channel, you'd be in profit by now.
BME:AENA - One of the cleanest linear uptrends I've ever seen.
Since October 2022, Aena SME S.A. has traded inside an almost perfect regression channel.
Pearson's R ≈ 0.975
That level of trend discipline is rare.
Here’s what makes this trend interesting and not over yet.
@TheRealPlanC For now, the 4-year-cycle has shown to be quite accurate. Why would trusting evidence be cheering against anything? So many things follow cycles and we're fine with it: orbits, seasons, crops, tides...
The wise person accepts it and potentially profits from it.
Since April 17 top, ETH was making lower highs, while BTC kept going higher, eventually following ETH and ending the divergence.
Also, ETH is well below the previous major low in Feb, while BTC isn't.
Will BTC follow and make another major drop?
A linear regression channel from December to February (before the major jump in prices) shows that oil prices could be back in trend if they were just to retest the recent lows from April by mid-June, at around $82.
Something to consider.
#commodities#oil#marketAnalysis
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