TradeWithSonic

All Roads lead to Inflation.

PTJ

(I agree with him on hard commodities)

BitCoin (22 Oct 2024)

1. We are seeing BTC 70K as the strong resistant,

2. The recent OI is decreasing aka the strength of the bullishness is dropping

3. Vol are getting lower in relative turn, aka bull strength in dropping.

Summary
I think BTC bullishness is slowly disappearing. I will be careful with staying on the buy side.

#tradewithsonic #btc

Weekly Market Outlook (Forex, Gold, Dow Jones, BitCoin) Week 43/2024

DYODD too.

https://youtu.be/_iaD-0SF2RY

China central is behaving more like US Fed and treasury now.

https://www.bloomberg.com/news/articles/2024-10-22/china-wealth-fund-sells-record-29-billion-of-bonds-this-year?utm_source=facebook&utm_campaign=socialflow-organic&cmpid=socialflow-facebook-business&utm_content=business&utm_medium=social&fbclid=IwY2xjawGEFeNleHRuA2FlbQIxMQABHTEmYqFYCjlxs8ZhY8PmK4WMJ7U57dcpMkh1D5res2rI00PB2EW2eWro6g_aem_1J6UfWH_TozJoq6Ux0pXIw

Wow
This guy is betting the interest rate will spike again.
Just FYI

Wow

What if "The inflation" is not transitory.

Take a look at these (red arrows).

In late 1968 and Mid 1974, the fed rate had to make U turn to the upside, due the rising inflation, in return Dow Jones dropped and Gold rose.

2025~2026 will be very interesting.

30-Year Mortgage Rate jumps to 7.25%, the highest level since July 🚨

The Market is about laying the trap.
Always remember that.

https://www.youtube.com/watch?v=1DrbZ75_5-8

Sunday Humor.

🚨🇺🇸 Unrealized losses at U.S. banks have soared to seven times the levels seen during the 2008 financial crisis.

2025/2026 will be interesting.

#tradewithsonic #macro

Spending some time on it and make $900 for quiet Sat evening.

Still holding some portion for possible long term play of D1 TF.

ZETA

1. The price is making a strong effort to break through the 0.708 level.
2. Open interest (OI) is increasing once again.
3. Cumulative volume delta (CVD) is also gradually rising.

Summary: After several attempts, a successful upward breakout may be imminent. Do your own due diligence.

#tradewithsonic #DYODD

Gold and silver are reaching new all-time highs again.
With increasing uncertainty surrounding the US election, I am observing more funds being directed toward "safe haven assets" like gold and silver to navigate geopolitical risks.

Picture credit: CryptoQuant
#tradewithsonic #marco

When central banks print insane amount of money

November will be one crucial month with US election

Just FYI

In just a few days this October, the U.S. has accumulated half a trillion dollars in debt.

With so much money being pumped into the system, the stock markets have little choice but to keep rising.

#tradewithsonic