SPX's recent escape from its long term channel has been rejected and the index its finding its way back to trading confined by its range. The surge in price/greed caused a surge in volatility and chances are that SPX will remain bullish in the long run if it successfully keeps within the channel and volatility goes back to normal.
BTCUSD seems to be enjoying a ride down a Fibonacci channel, ever since engaging on a Elliott 1-2-3-4-5 crash pattern like it did in 2014 and like the many other crashes you can find in other markets. While I seriously doubt that it will go anywhere close to the bottom again, I'm using the steps to trade accordingly. Will have a good look at volatility once it...
