@DVSignals Ive been watching that same bull flag...much higher and it looks like it'll play out to the top of your green parallel channel, like you said. If the bull flag itself moves up, I have 120 as the measured move!
Just wondering why the difference in rationale or if I was missing some indicator...The length of a correction is not a problem at all! Gives me time to stack coins. I hear what you're saying and appreciate your point of distance from long-term MAs...It makes sense to be skeptical until that distance is reset more. I likely won't be buying any long-dated call options before that that distance from MA comes down to earth more.
Gold miners (ASA) vs gold and spx
Back testing breakouts/support on both charts, right up against very long-term resistance versus the SPX.
Staying above the back testing line is critical. Also, distance from moving average is very stretched on this longer time frame, which might indicate that more time is needed as a means of correction.
$gdx $asa $spy $spx
TLT
Watch the dotted black line. A break below there signals much downside below. Already break down on the distance from the 36 month moving average, as well as below volume-defined support.
First and second downside targets at the red lines, should a breakout below the dotted black line occur.
A breakout below the long-term down sloping black resistance line from previous highs and/or the current parallel channel would suggest a shift in market structure towards bullish and invalidate the bear thesis.
#tlt
@NorthstarCharts Would be very interested to hear your data-driven take on climate change narratives someday! I realize that's probably a large task to explain your views in full though 🙂
DXY
A breakout above the black resistance line would indicate significant upside in the dollar. So far the dollar has tried to break down twice from the trendline tracing back to 2008 and covid lows, failing to hold that breakdown below that trend line.
$dxy
SPX and Nasdaq: breakout or bust?
Both the SPX and the NASDAQ are back testing breakouts from very long-term channels (the SPX Channel traces back from the 1929 and dotcom bubble peaks). Top of the channels are marked with the black line on the SPX and the green line on the NASDAQ.
While bounced from here might be expected, a monthly close below these lines would signal a false breakout, with potentially significant downside underneath.
Much depends on what yields and the dollar do, it seems.
$spx $spy $qqq
US Yields VS Gold
Some alarm bells going off for the yields right now. The two-year, 20-year, and 30-year are all in massive bull flags or pennants on their own charts, and are looking to break out versus gold, as seen below. If we see breakouts on their own charts at the same time as they are breaking out versus gold, that tells you that the move is likely for real.
$tlt $gld
DXY
Right now the dollar is at resistance, as shown by the descending purple resistance line. But if the dollar can get above the black upsloping resistance line, then it would be breaking out of a broadening channel. Could see upside from there all the way to 106...
$dxy
Possible distribution pattern at the top of a broadening wedge occurring for the SPX.
Contingencies are that today's drop is a weekly pivot high, and that we drop through a couple support levels/lines--including the about 100-year channel that the SPX just broke out of.
A target for the drop that would make sense would be the .5 fib retracement, which lines up with previous all-time highs at 7,000. This represents an 8% drop from all time highs and a 6% drop from current levels.
It confirmed break out above the blue resistance line that forms the top of the broadening channel would negate the notion of a distribution pattern forming.
$spx $spy
1987 crash analog to present day?
See charts below. You can make an argument for there being a similar structure that led to the 1987 crash to today. The 1987 crash happened at the top of a long-standing cup, as well as at a long-term Fibonacci extension target.
A similar pattern can be noted in present day. However, the cup isn't as clearly formed and price is already retraced and then surpassed the Fibonacci extension target. So, a melt up or blow up top over the next couple years seems like the more likely scenario at the moment.
$spx $spy
SPX Bubble Roadmap
See the caption in the chart. SPX has broken out and back tested the resistance line from the 1929 and 2000 bubble tops. Based on past moves, we should expect to see about a 98% gained from the breakout over 2 to 2.5 years (to about 13,500) followed by no new
SPX Bubble Roadmap
See the caption in the chart. SPX has broken out and back tested the resistance line from the 1929 and 2000 bubble tops. Based on past moves, we should expect to see about a 98% gained from the breakout over 2 to 2.5 years (to about 13,500) followed by no new nominal highs for 15 to 25 years.
Any move confirmed below the upper black support line, prior to a blow off top, negate this thesis.
$spx $spy
Uranium set to take off. Long term $300 spot target. First $150.
Many uranium equities today are breaking out, consolidating bullishly below long-term resistance, or consolidating bullishly on a retrace after having broken through long-term resistance.
$ura $uroy $ltbr $ux #uranium
19 Followers 488 FollowingPresident of the smart money tracker investing newsletter, and advocate for the return of common sense to a world that is badly in need of it.
118 Followers 335 FollowingStocks + Al PhD + sarcasm. Up +2100x in 6.3 yrs of commodities investing. These are my speculations - not financial advice. https://t.co/TaOHayW7xN
523 Followers 7K FollowingHead of commodities macro + Al PhD + sarcasm. Up +2200x in 6.4 yrs of investing. Posts are speculations - not financial advice.
2K Followers 662 FollowingBuilding a community of savvy US stock investors. We share DD, trade ideas, and market insights. Join the conversation and let's grow our knowledge together.
143 Followers 931 FollowingPhD,Scientist: Planetary trading&health&ICT&art,CPAT(Zeirishi in quasi CPA),Global entrepreneur,Pre-Univ Prof,Editor,Publisher,Writer,Japanese language educator
79 Followers 744 FollowingEconomic hit man by Perkin
Prisioners of Geography by Marshals
Murder of History by Aziz
Da Prince by Machiaveli
Thats enough to understand who the World rules
3K Followers 2K FollowingBuy GOLD/SILVER NOW! Save & Protect to beat the 2026 rush into SafeHaven Precious Metals. The HardAsset train left the Station Dec 2025!
https://t.co/robyniB1kf
6K Followers 946 FollowingAll charts are my opinions only; not financial advise!
If you find value in my work you can Buy me a Coffee!
https://t.co/w3SCQ7fIjv
19K Followers 709 FollowingHead of commodities macro + AI PhD + sarcasm. Up +2200x in 6.4 yrs of investing. Posts are speculations - not financial advice.
66K Followers 102 FollowingTopdown Charts is a chart-driven macro research house covering global asset allocation and economics. We primarily serve multi-asset investors and institutions.
52K Followers 674 FollowingI’m buying silver, platinum, uranium, oil, and metals for the trades of the decade. I don’t live in Hawaii, just enjoy it immensely! Personal opinions only!
338K Followers 2K FollowingIf you can keep your head when all about you are losing theirs & blaming it on you…
NOT TRADING ADVICE
https://t.co/l29nWovEkm
1.5M Followers 2 FollowingClaude is an AI assistant built by @anthropicai to be safe, accurate, and secure. Talk to Claude on https://t.co/ZhTwG8d1e5 or download the app.
2K Followers 0 FollowingGraddhy´s private service feed. Public feed @graddhybpc
Please subscribe before you request to follow at https://t.co/sEyUABtLHA
105K Followers 1K Followingoil market researcher | founder of https://t.co/8wKzFUwRqf | former bank economist | markets, code, barbecue | subscribe to my research:
10K Followers 549 FollowingFinding bargains across commodities, stocks, currencies.
Deeper analyses on my Substack: https://t.co/nglwl0f7XA
No investment advice.
32K Followers 6K FollowingOn a crusade to bring the truth to retail stock market investors, let’s beat Wall Street and insiders this time. Completely independent!
Not financial advice.
13K Followers 1K FollowingFresh Meat straight to your door. Safe Grass Fed & Finished - No Vaccines - No Hormones. We accept Bitcoin. Visit our website or call or text 208-714-0478
994K Followers 1K FollowingAuthor of Broken Money & The Stolguard Incident. Investor with a blended engineering/finance background. GP @egodeathcapital. Director at Bakkt & @Swan.
110K Followers 415 FollowingIn Gold There Is Truth | Since 1995, President of https://t.co/m2pGqAgHio @GoldSeekcom ⚒ https://t.co/GKUACW2nF2 @SilverSeekcom ⚒ Gold + Silver Maximalist
309K Followers 4K FollowingAuthor of The Ascent Begins. Independent Analyst. Money, geopolitics, AI, science, and sovereignty. Mapping the collapse and the reconstruction of order.
22K Followers 450 Following🇸🇪Former poker professional turned Gold and Silver bull. Nothing I share is financial advice. DYOR. Wanna tip me a coffe? https://t.co/OywLn9ekgN
29K Followers 384 FollowingForecasting the Next Move in Precious Metals (#gold,#silver) Markets by Industry Experts and Research/Financial Analysts.
Contact: [email protected]
11K Followers 851 FollowingGet Breaking Market Updates With My Silver Stacker Newsletter ► https://t.co/h2LKW4c8VI
Opinions expressed are not financial advice
2K Followers 3 FollowingInspired By Burry, Diving deep into the Rabbit Hole of his post, name change and x header image.
Will right a whole thread Monday (Nov 3rd) on what this means