Only A Little More Juice to Be Squeezed From This Lemon

The Run Was Good While it Lasted, But It's Almost Over

As you are all aware, I stated about a week ago, that after the US mid-term elections ended, the artificial ramp up in US stock markets would also end. From the appearance of the charts below, you may think that my analysis is based upon TA (Technical Analysis) but from those that have been here longer than three months, you know that I give TA zero credibility as a primary source of making predictions of price reversals or major bumps in asset prices higher or lower (i.e., I’ve never even looked at a BTC price chart in making my BTC price predictions that have come true).

In any asset price analysis I conduct, if I use TA at all, it is only to confirm what other metrics predict to happen. In fact, if you look at the chart of the NASDAQ (tech stock) index below, you can easily observe that it had six false