The moment that cryptocurrency took over the world.
On 10/11/18, US indices experienced normal volatility (-4.07%). Although short interest was higher than any other day in history.
US equities such as the SPX, continued to sell off through the end of the week and has now been closed since Friday and futures (US30usd) are looking grim.
Ironically, at such a moment as this, the prices of cryptocurrencies across the board have begun to spike (ethusd, btc). This comes as a shock because the crypto market is normally very sensitive to the fluctuations of major technology companies such as GOOG, AAPL, and IBM. Note: These stocks have not yet opened for trading.
An unlikely but not impossible explanation for this oddity could be that a fundamental change in the monetary system is making it's first appearance in companies that are the most heavily rooted in fiat.
While the idea is a stretch, US indices on Monday's opening bell will be a telltale sign of the imminent future for cryptocurrency.
US equities such as the SPX, continued to sell off through the end of the week and has now been closed since Friday and futures (US30usd) are looking grim.
Ironically, at such a moment as this, the prices of cryptocurrencies across the board have begun to spike (ethusd, btc). This comes as a shock because the crypto market is normally very sensitive to the fluctuations of major technology companies such as GOOG, AAPL, and IBM. Note: These stocks have not yet opened for trading.
An unlikely but not impossible explanation for this oddity could be that a fundamental change in the monetary system is making it's first appearance in companies that are the most heavily rooted in fiat.
While the idea is a stretch, US indices on Monday's opening bell will be a telltale sign of the imminent future for cryptocurrency.
Note
Volatility, INCOMING!!!!
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.