#BITCOIN: Right back into $64,000 "megaphone" support and also aligning with daily RSI at ~55 uptrend support.— The Kobeissi Letter (@KobeissiLetter) November 15, 2021
With the daily top Bollinger Band up to ~$68,000 and RSI having 20+ points to run, we are heading to $70,000+ next.
CLEAR uptrend in $BTC with strong technical demand. pic.twitter.com/JsARBUJNYc
Ongoing W-4: (1) no real change from last update, and SPX is still working on the W-4 to kill time. (2) to alternate with W-2, which is a sharp correction, W-4 would most likely be a sideway move, either a flat or a triangle. (3) the black MA line would serve as a key support.
High-Grade Bond ETF Sees $1.5 Billion Pulled in One Day. Second largest outflow ever 👇 pic.twitter.com/FDpDLePsZC— Gianluca (@Theimmigrant84) November 15, 2021
Gold seems like it is coiled to breakout.— Jim Lewis 💰⚒💰 (@Galactic_Trader) November 15, 2021
It is right at that line. It is already through $1,835 which Michael Oliver identified. But this longer downtrend line looks tough. Many #gold miners on my list are up today.
What do you think? Breakout? or back down? pic.twitter.com/SXbmozSVuD
At 2:42pm ET he started selling again pic.twitter.com/xub4OZig8p— zerohedge (@zerohedge) November 15, 2021
Current market valuations don't make sense unless real yields remain deeply negative for the next decade. An example: 10-year breakeven rates are 2.7%, the highest since 2006. Yet the average borrowing cost for investment-grade corporations is just 2.26%. pic.twitter.com/NvQOcpNIEu— Lisa Abramowicz (@lisaabramowicz1) November 15, 2021