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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
To: Sun Tzu who wrote (86851)6/26/2024 3:01:33 PM
From: Tweets Boar Hog1 Recommendation   of 97948
 
I do not have any positions in crypto at the moment.

The BTC weeklies look a bit broke, with more down to go. Next arrest and response will tell the story.

The dollar is trying to poke its head above 107, if it does should go much higher. Gold, silver and crypto don't seem to appreciate it.

It has been reported but under appreciated maybe, that the Chinese and others are selling US treasuries. Yet the politicians continue to run huge deficits, which need to be financed. It is an open market. If some big holders are selling, and you need to pump more out on the market, you are going to need to offer incentives, seems to me. I do not see LT rates falling here. If they don't fall the dollar should continue to rise.

Until it tops and tanks, which I have that down the road a few years, at present. Then all hell should break loose, in gold, silver and crypto.

Just my present opinion.

Tweets
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