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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.


...If the dots don't connect, gather more dots until they do...


U.S. Government Shutdown Now In Effect


* Wed. Jan. 31 @ 2:00 pm ET ~ FOMC Announcement
* Fri. Feb. 2 @ 8:30 am ET ~ Employment Data
* Mon. Feb. 19 ~ U.S. markets closed for Presidents Day Holiday
* Wed. Feb. 21 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. Mar. 7 @ 2:00 pm ET ~ Beige Book Report
* Tues. March 20 ~ 2-day FOMC Meeting Begins
* Wed. March 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
*** Click here for link to Economic Calendars for all upcoming events

Saturday, December 09, 2017

BITCOIN: Volatility on Steroids

* See UPDATES below...

Bitcoin lost nearly 25% of its value in the past 48 hours (a drop of 4400 points)...

BITCOIN 2-Day Hourly chart

...after going hyper-parabolic this year...now awaiting the real fireworks when Bitcoin Futures start trading on Monday.

How can anyone place a serious value on this crypto (definition: hidden or secret) currency?

BITCOIN Monthly chart

* UPDATE December 13...

(NB: Comment made at her last Fed Chair Press Conference Dec. 13, 2017)

Volatility is evident in wide swings made in just a 24-hour period, as shown on this 5-minute comparison chart of Bitcoin and CBOE Bitcoin Futures.

* UPDATE December 14...

Bank of Canada Governor Stephen Poloz