To The Moon

The Charts Don't Lie | Reversals Incoming?

Figuring out the bottom The markets $DJIA(.DJI)$ , $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ had a decisive day moving upwards on Wednesday edged on by upbeatresults from Nike and Fedex. Some might wonder what is so upbeat when Fedex is seeing weaker demand. However that is how the market works. It goes whichever way it wants and sometimes we wonder why it goes in a certain direction! To be fair however, the markets were oversold and they were looking for a reason torally. So is the recent low at the 3800s it? Or is the market positioning for another low? That is probably what many are wondering. I believe how the market behaves

“If you see a fraud and do not say a fraud, you are a fraud”-Nassim Taleb. Photo by Behnam Norouzi on Unsplash Lies, deceit, fraud, celebrities, lobbying, money laundering, hacking, and a disgraced couple on the run; well, this appears candidly out of a blockbuster Hollywood entertainer. Yes, ladies and gentlemen, this is the story of FTX and largely of the crypto world, which was once glorified as “revolutionary” and is now saddled with gruesome tales of subterfuge by the gang of Gen-Z conmen and grifters. Let us dig in! The Cry