IncomeSharks

Just a reminder that through all the doom and gloom you digest through headlines and social media that no matter how bad things always look they always resolve and optimism returns. The worst global events in the past are diminished to tiny dips when you start zooming out.

$SPY - All upper gaps now filled. It's been a lot of chop and gap filling, with all gaps now lower. Doesn't mean they have to fill but we are definitely in ranging season not trending season.

$VIX - Trade the charts not the headlines. Everyone keeps expecting an April sized sell off but when something that volatile happens it takes a while to get another event like that. We reached that resistance level again (buy opportunity) and rejected again.

Bitcoin squiggles helping to get through the box of despair. Got the bounce we needed and now to survive the month of March with a green monthly candle.

Emerging markets: Massive single day selloff
Gold: Massive single day sell off
DXY: Trending up
I don't think people understood what they were rooting for with the price of Gold going up. The debasement trade is going to look really stupid in a few years.

One of the silent wars going on right now is the currency war. Wrote this last month on Slice and for a while it was looking like the US was losing the "war" with war stocks up, defensive stocks up, emerging markets up, etc.
But while geo political tensions rise there's some promising signs right now that the pendulum could be swinging back.
$CRCL pushing up is a great sign.
$DXY pushing up is a great sign.
The Whitehouse has an incentive to push crypto and stablecoins and this is why I've changed my mind on thinking we'd never see a Bitcoin strategic reserve to it being an actual possibility

$SPY - It's easy to look at the chart and see how ugly it can get with all those gaps. But then you look at how much effort, bad news, fear, and sentiment it took just fill that one today and how quick of a reaction it got with buyers showing up.

End of month update for full transparency on Slice. Tough trading conditions out there but still able to finish the nasty month of February in the green, and portfolio still in profit YTD at 3%. Still outperforming the S&P 500 is a win. All trades shared with entries and exits.

Pretend for a second this chart didn't have to do with Bitcoin or Michael Saylor, objectively it looks good for at least a bounce. Think $CRCL is giving a hint at what happens next for $MSTR. A nice little contrarian trade to be bullish down here.

$CRCL - Hopefully the leading indicator for Crypto but this is a good example of what you want to see a bullish OBV look like. Strong upwards spike and a downtrend break.

$CRCL - Nice 45% move from catching that trendline breakout.

The charts say what's happening has been priced in. Prediction markets been talking about the strikes coming for months. War stocks and OIL been climbing. The buildup is the trade, yet people wait to panic AFTER the event because they trade headlines.

So is X just not going to fix the cash tags. I don't think anyone mentioning $OIL is talking about Peter Schiff and some Digital Oil Memecoin...