SpyMasterTrades's avatar
SpyMasterTrades
spymastertrades@iris.to
npub1y4zv...lz60
S&P 500 (SPY) Analysis and Market Insights ๐Ÿ“ˆ ๐Ÿ“‰ Not financial advice.
โš ๏ธ The #HYG / #TLT (adjusted) ratio just printed a gravestone doji on the 4-month chart. All oscillators on this timeframe are as over-extended as they've ever been. A reversal is likely coming in 2024. This is a major #recession warning. This ratio tops in the lead up to an economic recession, and it bottoms near business cycle lows. This chart is warning that we're likely near a major market top. image #Bonds / #Treasury / #Fed / #FOMC / #InterestRates / #AAPL / #TSLA / #MSFT / #NVDA / #Recession / #Stagflation / #Bitcoin / #Trading / #Investing / #Gold / #Nostr
Invesco DB Energy Fund DBE just formed an inverted hammer on the 6-month candlestick timeframe. This may be signaling a major reversal (though it won't necessarily happen right away). #DBE's overall structure on this timeframe is a bull flag (shaded in red). Price has descended to and is appearing to find support on the EMA ribbon. #Energy is likely to break out right as we head into a recession, which could cause strong stagflation. image #Commodities / #Gold / #Bitcoin / #Inflation
Breakwave Dry Bulk #Shipping ETF tracks the daily change in the price of dry bulk freight futures. Following the start of the #Israel-#Hamas war, it has jumped over 150% from its bottom in July. This is not something you want to see right before #interest rate cuts. image #Commodity / #Inflation / #Recession / #Stagflation / #Trading / #Investing
The McClellan Volume Summation Index reaches its highest level in over a year. It's now in extreme greed territory. image #SPY / #SPX / #SP500 / #Trading
The #VIX is sending mixed signals as we head into 2024. #Bullish divergence has been occurring throughout 2023 on the weekly VIX chart, which would typically indicate a #volatility spike is potentially coming. However, during this same timeframe, hidden #bearish divergence also occurred. image
Just want to say thank you to all the wonderful people on here who have supported me over the past month! Thank you not just for your support, but also for just being on #Nostr. I appreciate that this platform even exists and that there are so many like-minded, #freedom-loving people.
After using #Nostr for several weeks, one thing that has taken me by surprise is how there are very liberal and very conservative people on here, and yet they both share a sense of community and don't spend all day posting content against each other. Despite differences in political persuasion, they find common ground on here. Now that I've seen this, I better understand how dangerous centralized control of social media is -- where algorithms continuously drive inflammatory content to users to keep them addicted to the platform. I find it ironic that a censorship-resistant platform is largely devoid of much of the inflammatory content that's present on censorable social media. One may have thought the opposite would be the case.
When I posted on Twitter that I would be winding down my use of the platform to focus on developing content on #Nostr my tweet was met with the most hostility I've ever seen from my followers. Very rarely have I ever been faced with denouncement from the people who I thought supported me the most. I am perplexed by how quick some people are to defend a centrally controlled platform. Perhaps my post was perceived as an affront to Elon Musk, which isn't the case. It was merely based on my realization that centralization of social media is the problem. No human is immune from bias, and thus content moderation, when placed in the hands of any individual, is always susceptible to bias and corruptibility. Power tends to corrupt and absolute power corrupts absolutely. Since centralized social media are controlled by centralized governments, content moderation indirectly falls into the hands of politically motivated governments. The original goal of my tweet was not to criticize Twitter -- I have gained so much knowledge and valuable real-world life experiences through Twitter and the people I met on there. Rather it was to enlighten my followers about the next step in the evolution of social media: Nostr, a decentralized social media protocol that possesses a unique ability to weather the vicissitudes of ever-changing political winds and to persist as a perpetual non-arbiter of truth. To whomever on here who reads this, and who likewise understands the limitless potential of building a decentralization basis for social media -- alongside the decentralized monetary basis that Bitcoin is creating -- cheers to you for being the facilitators of innovation and evolution! We need not worry about the resentment of centralized social media. History will be on our side.
โœ… It's official now. After more than 15 years on #Twitter, I'm finally leaving... Thank you @jack for championing this protocol and supporting the devs. At first, I didn't quite understand #Nostr, but now that I do, I realize the watershed change that it will cause in the years ahead. image
Here's the real reason why the SEC doesn't want a #Bitcoin spot ETF... No one would invest in the fiat system anymore.
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