Tuesday, 21 January, 2025

Greg's blog ... When the crowd is always wrong

Economy, Finance, Trading, Markets, Stocks, Crypto

01/2025

USDCNH resistance 7.36

SPX 100Y trend line on 1929-2000 peaks hits resistance in 2024 around 6100

Chinese FXI fails to break (M)MA50

DXY regains key 2011 trend

Mexico – EWW massive bull trap – returning below all key (M)MAs 20/50/100/200 and trend

US10Y-US02Y above (M)MA100

KRE – Regional Banks moved back below its key trend. Last time a false break in 2020 required T$ of stimulus.

Japanese 10Y yields breaking towards 2%?

EWH – Hong-Kong. With China 2 big bear markets still ongoing. Below critical resistance and trend. Wanted to cheat a lot of bulls

TSLA – possible double-top here