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[Belgrade Bobby]

Nvidia  Corporation ( NASDAQ )Daily

It hit the new high today and turned back to support. Now it is on $ 1.080 to hold and allow for the continuation of the Uptrend, or to give a way and start at least a decent correction.

[GVI Forex 2]

BTC 4 HOUE CHART – STUBBIRN 700009

BTC finding support now above 66944 but as I have been noting I prefer to look at 65000-70000 as the range that needs to be broken to put key levels in play again.

Otherwise, expect more choppy trading until it breaks from the range.

 

[SF Monedge]

If Sterling breaks below 2720 is it quite likely in trouble one might think.

[SF Monedge]

Employing standardized and modernized analysis metrics (used by firms such as Goldman Sachs and Monedge as well) BTC has a fair market value at roughly $32 with a lifetime ceiling of $150k looking outward from this point if I am not in error.

[SF Monedge]

Interestingly the Russell 2000 Index, which measures the performance of small-cap stocks such as Macy’s and Chesapeake Energy, went straight up today.  The suggestion would be allocation to diversification since no one sector dominates, compared to the S/P 500 which is weighted toward technology.

[michael Calif]

May 16 was gann trine high Euro futures; next low projected mid-June   :Option Profile

[GVI Forex 2]

JP, at the close and then start again looking at it on Friday.

By the way,

1.0839 = 50% of 1.0890-1.0788

1.0851 = 61.8% (pretty close to 1.0850)

[Mtl JP]

GVI – how will you know when the “ultimate bias setter” has been ultimately set ?
will there be some sort of bell ring ?

tia

[GVI Forex 2]

With US stocks up sharply during the month of May despite the current setbacks, theory says there should be dollar selling to rebalance forex hedges. As I explain in this article, this is not an exact science but something to be aware of as we trade for month end tomorrow.

So don’t trade with your head stuck in the sand. Just be aware of month-end rebalancing.

Have you ever heard of the term “month-end rebalancing?”

Have you ever heard of the term “month-end rebalancing?”

[SF Monedge]

Euro 1.08 Strike Puts breaching 0.00423 would be significant for elongated selling in EurUsd.  For the Youtube and Tik Tok forex and signal service guru’s out there watching, there is something you can tell your followers so it looks like you actually know something.

[GVI Forex 2]

Yields still dipping…4.544%….

EURUSD 1.0850 is its keu level but 1.0850 is again in play as the ultimate bias setter.

[Mtl JP]

EURO pivot R1 1.0856

FWIW

[Mtl JP]

EURO 1.0835

Res 1.0840/50

feeling friski. low risk short

[SF Monedge]

US pending home sales hit a 4 year low today.  One might think the inflation consideration is not as buoyant.

Purchased a penny stock (TELL) in the 40’s that won’t go bankrupt for those of us who dabble.  (UROY) is another.  Specializes in natural gas.  Israeli firm.  I like Israeli stocks since they are the anti-thesis of anarchism.  Solid market share, common sense management.

[Mtl JP]

10-yr 4.56%

altho off its nearterm peak, yield is still solidly UP from mid-month.

yakkers:
12:00 – williams
17:00 – logan

[Belgrade Bobby]

EURUSD 4h

Resistance 1.08350  & 1.08500

Support 1.08150 &  1.07950

It is still Bullish…for now.

[SF Monedge]

If I’m taking the bid on Usd I might give a first try at Dxy 104.72ish, but very lightly and a quick cut if not good.

[GVI Forex 2]

US yields still slipping… 4.56% vs 4.63% high ye3sterday

[GVI Forex 2]

EURGBP 4 HOUR CHART – TIGHT RANGE?

EURUSD, except for that brief dip, to .8483 it has essentially been in a .8500-20 range all week (actual bottom is at .8495).

[GVI Forex 2]

Yields, USD slip a tpuch after data but doubt it changes rate expectations.

[Author]

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