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Stock Market Bottom – Extended Crypto Cycles

Ok ok…don’t get too excited all right? Please….

You as a stock trader / investor obviously………looking for some kind of direction / light at the end of the tunnel / idea of the future / means to make a decision. Fair enough.

As suggested earlier –  the volatility ( in my view ) certainly indication of something larger…..something looming…something ominous.. something – unknown.

Something you just can’t put your finger on  ( or more likely – “are unwilling to do so” ) as “you” as well  – see it so clearly.

Something’s not right. You know it. Your gut knows it. I know you know it. You know that I know – you know it. Son of a bitch ‘eh?

cryptos ready to go

            cryptos ready to go

Simply put. I see the daily cycle in both stocks as well cryptos as being “extremely stretched” ( some 50 days now ) with thought in mind that……as the algo’s change ( from buy to sell ) the bumps in the road get larger….the time between cycles get wider….”everything” starts pushing you to the limits of your psychological ability to “hang in there” and keep trading / soldiering on.

We will now push to new highs ( or very, very close ) in equities……and cryptos will rebound.

It will be at this point ( near the all time highs in equities ) that I challenge your psychological being once again……

Consider equities topping out at this point ( near new highs / possibly a notch higher ) then some incredible instance where billions fall out of equities markets, only to land on every coin / crypto they possibly can at rock bottom prices.

Sector rotation? Can you consider cryptocurrencies a sector yet? ( 300 billion dollar market cap at present..hmmmm….) Guess it’s just a fad.

Tulips baby….cryptotulips.

 

 

 

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