Weekly Update

There's an annular solar eclipse on Wednesday.  It it not a particularly interesting eclipse from a cycle standpoint. But recent new moons have seen topping markets, such as the lumber and ethereum tops in May.

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Weekly Update

Recent New Moons are defining the end of the speculative frenzy. The March new moon marked the first in a sequence of tops close to New Moons for Bitcoin. Now the May New Moon sees both parabolic lumber and ethereum markets top in close proximity. The end of these manic run offs portends an approaching, equity decline.  

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

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