Douglas Siu
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in-tune.bsky.social
Douglas Siu
@in-tune.bsky.social
Former DOE asset manager, financier and architect now speculating on markets, energy and current events. Focus on classical charting techniques, momentum and order flow.
The metals group is beginning to set up for what could be a major rally. Platinum on the monthly is showing a lot of compression that's 3 years in the making. #platinum, #PL_F, #commodities
February 5, 2025 at 10:06 PM
$OTHERS (crypto total market cap excluding top 10) is sporting a descending triangle. It's a bearish formation and not a good harbinger for next week. #crypto
February 2, 2025 at 2:45 AM
$Gold made a new ATH this week and tagged its 2.618 extension and pulled back. There may need to be some consolidation in this zone before continuation but a weekly close above $2,819 opens the door to $3000.
#gold, #GC_F, #GLD
February 1, 2025 at 3:51 AM
$Silver: slow out of the gate but has held the big support level between $28 and $29. The weekly RSI has turned positive and it's flashing a TTM squeeze. A little early to declare that a major move is underway but looks promising. #silver, #SI_F, #SLV
February 1, 2025 at 3:45 AM
I think this qualifies as nosebleed territory. Skew has never been this high. Maybe the market has another quarter left in it but this type of behavior is not sustainable. Eventually this will need to unwind.. #stocks, #investing
January 23, 2025 at 5:51 AM
$Silver: Top = silver futures, bottom = silver futures / silver showing a sudden surge in premium. The last time this happened silver moved up over 100%. $gold futures also showing similar interest. #silver, #gold, #SI_F, #slv
January 16, 2025 at 4:21 PM
$BTC: Keeping it simple. Price has halted downward momentum and now needs to flag for a bit. Expecting a strong rally after that. A good analogue is late January 2024.
January 5, 2025 at 3:42 AM
$BTC: Odd/interesting... the duration of each of the last 3 bear markets as measured from the low to the halving has been very nearly equal to the duration of the last 3 bull markets. If this holds true again the bull will last until beginning of July.
#finsky #stockmarket #investing #stocks
January 5, 2025 at 3:34 AM
$TSM: Above the dotted line and we have a breakout. #finsky #stockmarket #investing #stocks
January 5, 2025 at 3:27 AM
$VKTX: Good risk/reward here. Filled the gap that nobody thought would get filled and looking for a buyout in 2025. Starting to see buying just above support.
#finsky #stockmarket #investing #stocks
January 5, 2025 at 3:25 AM
$CELH: Similar to $PLUG, vol is starting to squeeze while it turns on a positive RSI divergence. This one still looks a little early but if it catches a bid can move fast.
#finsky #stockmarket #investing #stocks
January 5, 2025 at 3:21 AM
$PLUG: Squeezing on rising volume. This stock has been a dog for a long time but the energy sector is catching a bid and $PLUG looks like it wants to participate.
#finsky #stockmarket #investing #stocks
January 5, 2025 at 3:18 AM
$EAT: If there's a cleaner chart out there, I'd like to see it. This stock basically doubled and gave nothing back during 1 month of consolidation. Likely headed to $200, IMO.
January 5, 2025 at 3:09 AM
$NNOX: Breaking mulityear downtrend. They supply advanced imaging equipment to medical facilities. Shipments ramping up in a huge market.
January 2, 2025 at 3:39 PM
Long/Short ratio continues to go up and is now past the point where short term bottoms can form. #BTC, #bitcoin, #crypto.
December 20, 2024 at 4:39 AM
$NQ_F: Nasdaq futures not giving warm fuzzies after hours. Breaks of long term trend lines don't necessarily signal a change in trend but they do signal a change in character. #NDX, #QQQ, #stocks
December 20, 2024 at 2:07 AM
$DXY: Did the dollar kill the Santa rally? It continues to churn higher and the market is finally taking notice. #DXY #USD #stocks
December 18, 2024 at 9:06 PM
Chinese 10yr yield. What a hot mess! If China goes into deflation then emerging markets almost certainly go into recession and that will affect Western markets to some degree.
December 13, 2024 at 4:10 AM
A lot of people have noted the similarities in consolidation between 11/23 and present. I'm not sure how far to take the comparison but keep an eye out for a rising wedge with confirmed breakout at the $104k level. Seems like a possibility. #BTC, #bitcoin, #crypto
December 12, 2024 at 7:36 PM
$RIOT: The last time we had this kind of volume coming out of a base was the 2019 breakout. Game on? We shall see. #crypto, #RIOT, #BTC, #bitcoin
December 12, 2024 at 6:38 PM
Wow. Almost half a billion in liquidations in 30 seconds. This is why you don't chase with ultra-levered futures when the funding rate is sky high. Looks like stop clearing so hopefully price firms up from here but we'll see. #Bitcion, #BTC, #crypto
December 5, 2024 at 10:45 PM
$BTC: Potential retest of the November highs. If it closes below then it's going back to the grind. A close above and it's likely a continuation of the advance. #bitcion, #crypto
December 5, 2024 at 7:53 PM
$COIN update: Broke through the smaller, 2 week consolidation and now looks like it wants to test highs of the larger pattern. Looks good as long as it holds above the orange box. #crypto, #BTC, #coin
December 4, 2024 at 7:56 PM
$COIN: consolidation holding the $280 breakout. Options relatively affordable as IV is the lowest of all $BTC proxy stocks at about 92%. If BTC holds its lows from yesterday I think this has a strong chance of running.
November 27, 2024 at 7:55 PM
I like the potential of Bluesky but it seems that social media needs to be rethought from the ground up. Every state, every politician and every billionaire with an agenda is going to seek influence on the dominant platform. As this author points out, the bots are coming. Just a matter of time.
As Bluesky takes flight, China has got a Twitter problem
For years, state media have been seeking to grab the microphone. Now Musk has handed them it.. no one is listening?
toosimple.substack.com
November 26, 2024 at 5:46 AM