Bitcoin XBTUSD Next Trade Points
The break above the upper parallel at 3740 was a good one when it finally arrived, propelling Bitcoin to the first target range at 4018-4152 within a few minutes of the break. Volume was pretty good too.
Since then it's made a little flag before pushing higher still, triggering the next long shot from 4152 looking for further...
S&P 500 Index SPX
Following the next long trigger on the break above 2701, this index hasn't quite made it to the next upside target at 2747-2755 range after a high at 2744.
Close but no cigar.
As with the other indices this one is also overextended in near term.
And as with the Nasdaq, both indices have 2 lines of resistance sitting just above closing...
After making a double bottom off the 11265 line the Dax has pushed higher with the aid of US markets to test the first resistance line at 11414 after a high today at 11420.
There's a second line of resistance just above here at 11447.
Either look to buy the dip if we see it back to the lower smaller rising parallel supporting the rally - or...