Jolyon@jolyon

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Michael Oliver market analysis

The chart Michael Oliver is staring at shows US Treasuries hitting fresh lows while equity markets hold steady, yet the momentum data tells a different story. His studies focus on price force instead of price levels, and the six to eight biggest US banks are flashing patterns eerily similar to the S&P in September 1987. Visually, bank price charts look like a standard selloff, but the momentum indicators resemble the market conditions right before that crash. Multi-year structural patterns suggest a significant decline if they break, independent of any 1987-style event. He states clearly that if the financial sector breaks, every other sector falls with it. The bond market situation is described as a nuclear event involving Washington purchasing bonds and supporting the yen to prevent Japan from selling Treasuries, yet bond lows continue despite these interventions. The Fed's remaining policy tool is identified as printing money. Gold and silver prices may have already experienced a drop comparable to the 2008 crash, moving from January highs to summer lows over eight months with similar percentage declines. Oliver anticipates a rapid next market move and expresses greater concern regarding bank momentum indicators than artificial intelligence developments. Not advice. Just the chart he's staring at.

1w

Jolyon@jolyon

Follow

Michael Oliver market analysis

The chart Michael Oliver is staring at shows US Treasuries hitting fresh lows while equity markets hold steady, yet the momentum data tells a different story. His studies focus on price force instead of price levels, and the six to eight biggest US banks are flashing patterns eerily similar to the S&P in September 1987. Visually, bank price charts look like a standard selloff, but the momentum indicators resemble the market conditions right before that crash. Multi-year structural patterns suggest a significant decline if they break, independent of any 1987-style event. He states clearly that if the financial sector breaks, every other sector falls with it. The bond market situation is described as a nuclear event involving Washington purchasing bonds and supporting the yen to prevent Japan from selling Treasuries, yet bond lows continue despite these interventions. The Fed's remaining policy tool is identified as printing money. Gold and silver prices may have already experienced a drop comparable to the 2008 crash, moving from January highs to summer lows over eight months with similar percentage declines. Oliver anticipates a rapid next market move and expresses greater concern regarding bank momentum indicators than artificial intelligence developments. Not advice. Just the chart he's staring at.

1w