Lindt & Sprüngli Symmetrical Triangle Breakout ?
Lindt & Sprüngli (LISP SW) is breaking out of a large symmetrical triangle, a continuation pattern that has been forming since March 2022 ! The stock is seeing strong volume today due to earnings, and the long-term trend remains very bullish. This is a clear trend continuation pattern. Keep an eye on the price action as the breakout unfolds. Source: Bloomberg
It seems that US opinion on Ukraine spending and Zelensky is starting to turn.
These numbers are from CNN which is definitely NOT pro-Trump. 👉 More people now think the U.S. is helping Ukraine too much—up from 7% to 41%. 👉On top of that, trust in Zelensky fell from 72% to under 48%
You can add Prague to the list of countries around the world making new highs.
There are more and more countries making new highs, not fewer. A broadening bull market is a positive development. Source: J-C Parets
Bitcoin Amazing Move Last Week
Last week, Bitcoin (XBTUSD) saw a strong sell-off to 78,225, revisiting the imbalance zone between 73,563-79,839 from last November. This level also aligns with the 50% Fibonacci retracement, reinforcing the idea of a healthy consolidation back into the discount zone. Ultimately, the week closed back above 91,306, forming an enormous hammer candle, a strong reversal signal. Keep an eye on the price action over the next few days. Source: Bloomberg
We have seen some positive correlation between bond yields and stocks recently.
Adding long-dated US Treasuries as a portfolio hedge now makes more sense. Source: Bloomberg, Barclays
JUST IN: Over $330,000,000,000 added to the cryptocurrency market in the past 4 hours.
Source: www.zerohedge.com
Some shorts might get hurt today
Source: www.zerohedge.com
The idea of XRP, SOLANA and CARDANO in a strategic U.S. reserve is so retarded that even Peter Schiff is becoming a Bitcoin maximalist.
Source: The ₿itcoin Therapist @TheBTCTherapist
