the_sunship

Update on the usual supects - SPX 500 OIL Wheat Gold DXY BTC

Long
the_sunship Updated   
COINBASE:BTCUSD   Bitcoin
I forgot bonds, will update if I need to- they still are sucking as of now. SP500 looks like it wants to rally, a hold over 3930 hourly chart would be a long. If we have one more down it will likely be the bottom for a few weeks. Oil could drop to 80 before a bounce. Wheat has a breakout and people are starting to pay attention to it. Gold looks ok and may be in the process of making a Wykoff topping structure. DXY likely pullback here now that all the cheerleaders are on the field. BTC rally to 22500 and if more, 28-29k. Good luck!
Comment:
no volume on this rally, be careful for another rug pull and lower lows.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.