by SITM | Apr 24, 2024 | General Newsletter, Gus Hingeley, No_index
A Currency and WOW! A follow up on Bitcoin (BTC) from last month’s article, BTC has put in a failed weekly swing up and now at present has put in an expanding weekly swing down. This is very characteristic of a market that is getting set to do more to the downside....
by SITM | Apr 24, 2024 | Andrew Baraniak, General Newsletter, No_index
Cocoa Part 3 The run of the Cocoa bull continues and as at the time of writing, the Cocoa futures market sits at a high of $11,722 USD per metric tonne. This is more than quintuple the value of the last major low in September of 2022. This is shown below in the...
by SITM | Apr 24, 2024 | Aaron Lynch, General Newsletter, No_index
Short, Sharp, Profitable This month has really flown for me as we close in on Anzac Day in Australia, a time of year where we reflect on service in our nation’s history. For me it always has acted as a prompt to review the year to date. Maybe its like a term 1 report...
by SITM | Mar 27, 2024 | Aaron Lynch, General Newsletter, No_index
US Outlook Every year I seem to reflect that there is so much going on in markets, be that technical, economic or geopolitical. I am now more comfortable with the notion that its always the case and I am just more aware or becoming more comfortable with it. As your...
by SITM | Mar 27, 2024 | General Newsletter, Gus Hingeley, No_index
Just Another All Time High? I remember the hype around Bitcoin in late 2021 when it was nudging $70,000, with forecasts (mainly from friends) that Bitcoin was soon to be in the hundreds of thousands of dollars. Facebook feeds were filling up with anyone and everyone...