ES providing simple levels in this region. Support. 1. 5060. 2. 4959. Resistance. 1. 5123.
Negative response from DXY after feds comments today. DXY cracking below 200 MA and 50 MA. If she continues to stay below these indicators and equities bulls build support, I would watch for volume on SPY and NVDA price action for upside confirmation.
TSLA must hold 175.60 or she has room to... 1. 164.35 2. 152.37 If the EV king somehow manages to crack 150 region, then 100-115 would be a high demand zone for buyers. Other scenario low probability, but anything is possible in the market. 1. Support at 175.60 2. Pump to 194.07. 3. Touch 205. Either way, do your homework and be patient from level to level.
Spy continues to push higher high's and is currently consolidating after relentless buying. No bias, just level to level. -Keep in mind she has been respecting the 50 MA on the hourly charts.
On the weekly timeframe, BTC is forming a massive falling wedge; within that falling wedge (bullish) have been multiple different patterns. Currently, a rising wedge (bearish) is developing and the highlighted part in green shows a vital area of confluence where BTC is projected to touch the top of the trendline and continue forming its falling wedge. But remember...