Community Message Board
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Money Dysmorphia: Causes and Treatment
Are you stressed about money? You may have money dysmorphia and not even know it. And this may cause you to make bad financial decisions. What is Money Dysmorphia? Money dysmorphia is when you have a distorted view of your finances. This phenomenon is similar to body dysmorphia, where individuals perceive flaws in their physical […]Read More
Approaching the Gates of Hell: Recent VIX Spike Signals Extreme Market Turbulence and Potential Crisis
The VIX chart depicts a significant recent spike in volatility, breaching through multiple resistance lines. This surge can be described as approaching the “Gates of Hell,” indicating heightened fear and uncertainty in the market. The breakout from the descending channel suggests that the market is entering a phase of extreme turbulence. Traders should be prepared […]Read More
Shining Bright: Is Now The Time To Invest In Gold?
Investing decisions often hinge on timing – when to buy, when to sell, and when to hold, and with gold prices currently soaring to record highs, is now the time to delve into gold? Let’s start highlighting that gold has long been cherished as a way to grow and preserve wealth, and as we draw […]Read More
USOIL Struggles to Rally
There is an upcoming OPEC+ meeting in August, and the oil producing countries are unlikely to change their oil output. They are intentionally limiting the oil supply to help keep the oil prices more stable. I’m bullish on oil in 2025, but not so much in 2024 because oil prices tend to be low during […]Read More
SLV Breaks Above $27.31
SLV is lagging behind GOLD, but is forming a bullish breakout above the first key resistance target at $27.31. I have $33.77 my next key price target whenever SLV starts to rally. We are seeing a lot of green but little upside. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreGOLD Reaches New All Time Highs
The Gold market has been boring for quite some time. There has been neutral price action within a range between $2,300 and $2,400. However, GOLD is starting to form a bullish breakout from this range, and is rallying to new all time highs. I have $2,567.50 as my first key resistance target on the way […]Read More
Bitcoin Update: Bull Flag Formation and Key Buy Opportunity at $55,400
Here’s a quick update on Bitcoin. We’re currently still within the bull flag formation that’s been developing since March. Bitcoin is trading around the 200-day moving average, a significant demand zone. Historically, when Bitcoin retraces to the 200-day moving average, it tends to hold and bottom out, even if the price dips slightly below this […]Read More
Bullish Outlook for S&P 500 Amidst Dow Jones Leadership and Market Rotation
The S&P 500 futures chart is showing a similar pattern. We witnessed a breakout, albeit a weaker one. It’s important to note that the S&P 500 didn’t decline as much as the NASDAQ, resulting in smaller overall moves both down and up. We observed a bullish cross on the stochastic, but it didn’t quite reach […]Read More
Money Dysmorphia: Causes and Treatment
Are you stressed about money? You may have money dysmorphia and not even know it. And this may cause you to make bad financial decisions. What is Money Dysmorphia? Money dysmorphia is when you have a distorted view of your finances. This phenomenon is similar to body dysmorphia, where individuals perceive flaws in their physical […]Read More
Approaching the Gates of Hell: Recent VIX Spike Signals Extreme Market Turbulence and Potential Crisis
The VIX chart depicts a significant recent spike in volatility, breaching through multiple resistance lines. This surge can be described as approaching the “Gates of Hell,” indicating heightened fear and uncertainty in the market. The breakout from the descending channel suggests that the market is entering a phase of extreme turbulence. Traders should be prepared […]Read More