SP500 Breadth Deterioration | Tightening Narrative Could Provide the Fuel for a Correction

Here is an early post of today’s Youtube video:





  1. Rudyards “IF” says:

    Peter thanks for all the work you put into your analysis. I am trying to tie all the information together as it pertains to bitcoin. Higher bond yields lead to declines in the nasdaq. Bitcoin has a positive correlation with the nasdaq but higher yields, as you showed in a previous video, have a positive correlation with bitcoin. This would seem to be a contradiction. Can you help us understand? Which one wins?

  2. Michael W says:

    Hi Peter, good work as always. That market breath data is really interesting, I just wonder does that 30% under 200MA has anything to do with their SI? Thanks.

    1. Michael W says:

      Or put call ratio

  3. Michael W says:

    Or put call ratio?

  4. Brandon Wing says:

    As a recent subscriber, I have noticed the emphasis you have put on watching the 10 yr. yield. I have noticed it’s recent trend-line bounce, to a new high close, since March 30th, 2021 (rocketship move). I would like know, “what’s your analysis on what this means for risk-on assets from now to 90 days.” I really appreciate the sensibility of all your research. Thank you.

  5. HY says:

    Thanks Peter – a broad decline in US500 (and most probably US100) will spell further downside for BTC?

    1 like
  6. michael semark says:

    Hi Peter, I liked your Jan. 7th post. Although I watched very carefully the possible pullback Price Channel & the 200 avg but could you mention a price area?

  7. manmeet makol says:

    What might be a good buy area for BTC ?

  8. akumta says:

    Hi @GOT we reached the botton of the channel on NQ chart from you “https://www.tradingview.com/chart/US100/YaOVBzYA-Nasdaq100/”

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