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Fiat enthusiast. 🇺🇸 🇮🇹 /s 🇪🇸 🇫🇷 🇵🇹
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The #Dow Managed To Post The Best October Ever … let that sink in! I’m really having a hard time submitting to doom & gloom dialogues! I’ll just play the charts until doom gloom or boom boom happens! Who’s with me ?
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#DOW #INDU 6 points off the 200ma as we head into the Fed. Could not be better set up for a moster move.
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I have a lot of respect 4 Comparing #Bitcoin chart with #DOW is a little clumsy. Foundations is a good point but the DOW does not have an halving every 4 years with decreasing insuance. #BTC rely more on #USD fluctuations and monetary policy. Tightening have limits.
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What people don't seem to realize is that we are only coming up to test the 200 day (black line) across the board, even in #Crypto. As you can see the RSI on the #Dow is hitting overbought, #SPX and #NDQ will soon follow. #DXY looks to be inverted until it regains its momentum.
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