Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
MatTheCat
on 01/06/2016, 13:20:02 UTC
Today is going to be a fucking horrible day for stocks!


img]https://www.tradingview.com/x/Sb5d8dkL/[/img]


Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?


img]https://www.tradingview.com/x/uju5tCy7/[/img]


Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $)

Dollar Index is in the process of rebounding mate.

Fed are basically saying they are going to raise interest rates.

That is bad for everything, except the dollar, and bonds.