The Brains Trust - 2023, page-71

@PB I could not agree more with the sentiment that you expressed;
"I have read so much negative stuff lately. So if I have read about it, everyone will have."
I had been having similar thoughts. (I get my "sentiment" from my Tw feed so pros a very biased view but just sayin'.

Then I sensed a giant shift in sentiment over the last few days. A few observations ....

-Everyone started talking UP the potential for last nights US CPI figure.
-Somehow last night CPI figure now interpreted as the end of big interest rate rises is US ..... I swear "they" make up the narrative to "suit their story"
-UK sneaky BO from MT resistance .... basically at ATH I note .... can it push on?



-US indices pushing up eg SPX back up to much talked about DT line/channel



..... s suddenly a decidedly +ive narrative on my "feed".

BUT ...... there is always a BUT .....

Gold continuing its push up .... someone thinks its the safe place to be. Some calli g this an unusual & bullish break UP from an upslanting wedge on 4 hr (not my preferred view but it is there?)



USD;
Under extreme pressure .... does this support the "China selling in preparation for war theory" expounded here )see above)




& the almost forgotten Bitcoin .... EVERYONE (including me) has charts showing it going back to $10k .... suddenly someone want it too .... Definite BO there. What does that mean? Alternative store of wealth?




PS just on the chart posting theme; these are my IG CFD charts which can be posted by; Right click; Export chart, Opens a PNG of the chart, Right click, Copy, Then paste in HC. SO EASY ...