Browse Symbol Stacks: SPY: slopechart_SPY.jpg


While visiting charts this evening it becomes apparent that crypto just threw a hail mary to catch up to the U.S. stock indices by way of heading for the trendline(s) that every trader on planet earth has drawn as an upper boundary for price action in the last year. 

Cem might be right. We are just waiting for Friday to let loose the dogs of war. 

If I have to guess a trendline break of a few percent will cook all the ducks and then we get back to the business of deciding what the value of everything in the world is at 5%+ interest rates.

Image added via SlopeCharts


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