Since 1930, This is One of the MOST OVERBOUGHT Markets!
Since 1930, This is One of the MOST OVERBOUGHT Markets!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the current market conditions, including the impact of government reopening, AI concerns, and debt levels, while examining various market indicators including the S&P chart, Bitcoin, crude oil, and consumer sentiment surveys. They explored technical analysis of key market levels and trends, with Jim providing detailed insights on Treasury yields, gold prices, and the potential implications of artificial intelligence on the economy. The discussion concluded with predictions for Bitcoin and crude oil price movements, along with considerations about the global economic environment and its potential shift towards recession.
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Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
JWelsh@SmartPortfolios.com
20251114