Forecast S&P-Oil-Crypto | What will happen to stocks Oil and crypto? | 7 August 2020
S&P 500 Weekly Standard & Poor’s 500 Price Risk Analysis Forecast
(Previous week in brackets)
Standard & Poor 500 | LT-M | MT-W | ST-D | |||
---|---|---|---|---|---|---|
3352 (3295) | ||||||
Trend | ↑ (↑) | ↑ (↑) | ↓ (↑) | |||
% Risk Weight |
82 (81) | 92 (93) | 85 (89) | |||
Allocation | 0% (0%) |
This is a time that several National Treasuries must be very much aware that they will cause havock amongst small investors. The psychology factor is pushing many small investors into stocks at massively increased risk levels. Many will lose their shirt. Throughout the 5 month advance, having generated new all time highs in S&P and NASDAQ, risk has remained high which is why a possible expensive opportunity is missed in favor of removing portfolio risk. Especially the long term bearish divergence comes into play in our three risk weight tools, Slow Stochastic, MACD and RSI. Given the massive increase in money supply flowing into very few hands it is impossible to predict how a solution comes about. But here’s one possible scenario: Deutsche Bank goes bust taking the system along with it and the president of the USA is personally bankrupt as a result. It can happen. Paper wealth just disappears like snow before the sun.
It looks like owning Precious metals, being Nature’s real money, is the only safehaven at this moment to protect at least a substantial portion of total wealth. No Change, No stocks.
3 August: Another strong performance of the S&P outside of our risk parameters topping at 3303 and closing Monday at 3295. Our forecast remains unchanged with increasing chance of a financial bloodbath arriving on our doorstep. No Change
Brent Crude oil Weekly Brent Crude Oil Price Risk Analysis Forecast
(Previous week in brackets)
Brent | LT-M | MT-W | ST-D | |||
---|---|---|---|---|---|---|
44.87 (43.71) | ||||||
Trend | ↑ (↑) | ↓ (↓) | ↓ (↑) | |||
% Risk Weight |
45 (44) | 93 (95) | 72 (66) | |||
Allocation | 0% (50%) |
3 August: Weekly overbought turning down, Monthly risk in uptrend, Daily risk turning up. A pause and Brent more likely not yet finished its current uptrend. Caution but no change for now as the gap needs to be filled and Medium term weekly likely to show bearish divergence before a turn given the extended length of the current uptrend.
BTC Bitcoin Price, Weekly Bitcoin Price Risk Analysis Forecast
(Previous week in brackets)
BITCOIN BTC/USD | LT-M | MT-W | ST-D | |||
---|---|---|---|---|---|---|
11970 (11270) | ||||||
Trend | ↑ (↑) | ↑ (↑) | ↑ (↓) | |||
% Risk Weight |
65 (64) | 85 (80) | 85 (72) | |||
Allocation | 0% (0%) |
3 August: A strong performance in recent days has increased interest in this potential new asset class. The token still involves very high risk and we stay with the forecast that the gap at 2800 needs to be filled first. If even some of the biggest financial beneficiaries of early adoption say that this is a gamble, we should not change our risk awareness attitude to one of greed eyeing BTC at 100,000 or even 1,000,000.
Bitpanda Pro – BEST/EUR Token Price Risk Analysis
(Previous week in brackets)
Bitpanda – BEST/EUR | LT-M | MT-W | ST-D | |||
---|---|---|---|---|---|---|
0.0827 (0.0780) | ||||||
Trend | ↓ (↓) | ↑ (↓) | ↓ (↑) | |||
% Risk Weight |
73 virtual (75) | 27 (20) | 51 (45) | |||
Allocation | 100% (100%) |
BEST token live price 24/7
When it comes to the gamble of where crypto is heading, logic says in the regulated monetary space. Whilst commissions paid with BEST tokens are nearly all burned and owners can pay 30% less commission plus earning a monthly incentive trading on the Bitpanda platform, BEST tokens are a very nice entry into the crypto space. It isn’t speculative as it guarantees a return in the form of discounted commissions and monthly trading volume depending incentives credited in BEST tokens. Owners of BEST could well be in for a very positive surprise. A small permanent hold in BEST looks to be a very low risk alternative to cash in the bank. Just open a Bitpanda account on line and go through simple but necessary AML compliance.
31 July: BEST is technically an arbitrage as commission can be paid in BEST and is charged at ,012 E versus the current price of 0,08. A 30% discount. As BEST tokens received as commission are burnt frequently it will increase the notional value of BEST every year. BEST owners paying commission with BEST tokens against trading crypto and precious metals via the Bitpanda exchange can also earn BEST tokens at no charge based on monhtly trading volume. The Bitpanda exchange, being fully regulated, is probably the better risk custodian for smaller investors in physical precious metals as fees are very reasonable. Precious metals bought are 100% backed by physical metal, be it Gold, Silver, Platinum or Palladium. This is a considered expert analysis. Smaller inverstors looking to protect some wealth by owning precious metals should definitely consider opening an account with BITPANDA.
Courtesy chart of the Binance coin in USD which started life in 2017 at 0.05.
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