if were staying over 14700 and breaking 14875 id imagine its safe to stay long the index aiming for 15200. if we break thursdays low id imagine its safe to buy puts aiming for 14040. i dont think theres much rocking the price either direction, even with traders up in arms about this or that this week. most news is already priced in, and i wouldnt worry about...
bullish and bearish scenarios are that were either short the dollar and long equities and crypto by sunday futures open, or by sunday night/monday morning we are breaking out in dxy over 98.848 and short equities and crypto. paths to lower or upper rays and horizontals are outlined in pink and cyan. topfishing this move toward week highs accounting for a lower...
I think it's obvious btcusd has taken on a terminal thrust appearance, but as long as we're over 43860 I would still buy bitcoin. We should be up with rising equities and a sinking dollar.
The chances of a daily bull pennant increases with every daily higher low we make. Holding 4500 spx es1! Emini s&p futures withstanding and moving toward the week high would the odds of getting to $64 TQQQ skyrocket. Staying over vwma and bottom anchored vwap having no qqe short entry would be very bullish. Channel break strategies say buy over rising support,...
