July 15, 9:17 AM. BITC0!N = $20.9K. The King has to stay above approx $20.8K or it's going to be another negative week. It's going to be below the 200-week MA for 5 weeks in a row. Manipulators are looking to induce FOMO. It's staying around the 0.618 Fib channel. Fundamentals haven't changed and crypt0 news have been all negative. I still see a bear flag with 50 MA and cloud as strong resistance. But WTFDIK.
US stock market futures point to a positive open, after yesterday's selloff in the financials sector. Retail sales in June beat expectations. It's likely another negative week for the Nasdaq, S&P 500 and Dow. Their weekly candles have been alternating between red and green for the past 5 weeks. US10Y is 2.96%. US2Y is 3.16%. DXY is 108. VIX is 25. USOIL is $98. Gold is $1707. More news and charts later in Comment.
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US stock market futures point to a positive open, after yesterday's selloff in the financials sector. Retail sales in June beat expectations. It's likely another negative week for the Nasdaq, S&P 500 and Dow. Their weekly candles have been alternating between red and green for the past 5 weeks. US10Y is 2.96%. US2Y is 3.16%. DXY is 108. VIX is 25. USOIL is $98. Gold is $1707. More news and charts later in Comment.
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