Daily Macro. No Noise. Just Structure
“If privacy is outlawed, only outlaws will have privacy”. Phil Zimmerman “We didn’t love freedom enough.” Aleksandr I. Solzhenitsyn “Cryptography is the ultimate form of non-violent direct action”. Julian Assange XMR/USD 3 Month Price Action In January, we delved into the reasons why Monero is one of the most attractive cryptocurrencies in the marketplace https://theimpartiallens.com/the-weekly-lens-crypto/. […]
The 16th Week of Trading 2022. The 16th week of trading started off optimistically for market participants. At the same time, we at the impartial lens were busy furling the sails, battening down the hatches, and tightening up our stops. It was all plain sailing for the markets into mid-morning on Thursday, all indices moving
The 15th Week of Trading 2022. The shortened week of trading started badly for US markets and ended badly. All US indices were down on the week, the tech-heavy Nasdaq suffering the most, down almost -4%. The European markets performed well last week, with the UK’s FTSE 100 up +0.85%, French CAC 40 up +1.98%,
The 14th Week of Trading 2022. After an initial surge in US equities to begin the trading week, the attempt to breach the wall of moving averages failed. The rest of the week saw all US indexes trade lower into Friday’s close, with cryptocurrencies leading the way, except Monero., Monero had an exceptional week of
The 13th Week of Trading 2022. The wall of resistance that we mentioned last week for U.S. markets held firm. We had a push early in the week to breach the wall, but all of U.S. indices ended flat for the week. The European markets were mixed, with the FTSE leading the pack, +1.06%. France
The Twelveth Week of Trading 2022. Last week’s powerful global equity rally started the week on a shaky footing; participants were nervous to see which direction the markets would move. Most markets did finish the week positively, but not convincingly so. The squeeze higher in the US met resistance at the wall of moving averages
The Eleventh Week of Trading 2022. As we mentioned last week, stocks were poised to have a rally, “we do see a bounce in equities and a pullback in Commodities.” The markets had the best week since the 2020 election; all indices squeezed higher. The Nasdaq soared over 8% last week, and the rest of
The Tenth Week of Trading 2022. All the major indices in the US finished down for the week. Investors and governments alike all seem to be caught in the headlights of the geopolitical juggernaut. News, scenarios, falsehoods, fake news, propaganda, and outright lies are dominating the headlines. The Dow Jones Industrial lost -1.99% for the
The Ninth Week of Trading 2022. As we pointed out a couple of weeks ago, “all eyes turned to the Elephant in the room, with the Russia and Ukraine”, beginning to dominate the news cycle. That Elephant has turned rather violent and has stomped many market sectors. United States, Europe, and Asia all got crushed