Could smart capital flows be our best clue where prices are heading? In a hyper financialised market, with trillions of dollars of liquidity from the major central banks, the fundamentals have become irrelevant. Moreover, the technicals as a price guide can be useful, but it’s shortfall being that this type of chart analysis is based …
Digital Cloud Widens
The digital cloud widens as more of the way we share information, store information, and conduct our lives goes digital. So cloud services are booming as the digital cloud widens, which is one of the many macro trends I have identified emerging as the world goes increasingly digital in a post-pandemic new world. Proximity to …
Fibonacci Retracements
A market rarely moves vertically up or down, prices tend to retrace a predictable part of a move, known as Fibonacci retracements, then continue along its trajectory either up or down. Fibonacci retracements attempt to make a science out of the “random walk” the ordinary price volatility of the market to determine support and resistance …