Update on the markets - SPX OIL USD etc.
Updated
Walk through of the major markets - SPX, OIL, GOLD, US DOLLAR Bonds and BTC
basically I think we're in a rally, but the dollar worries me as I think it could rally hard very soon.
I hope it's helpful!
basically I think we're in a rally, but the dollar worries me as I think it could rally hard very soon.
I hope it's helpful!
Comment
this is what I was thinking yesterday, let's see if it works. the move down was hard, so I'm not sure, but the rsi is at the low as I thought it should be.
Comment
this is not looking like it's going to rally, and 3900 resistance held. Regardless of rsi I think we could just keep moving down with small rallies here and there. be careful. Comment
oil reached the 200 weekly, expect a bounce or at least consolidation here. Comment
hard to tell if a rally will continue - we're still chopping around and still below the downtrend line and both 18ma - daily and weekly. bias still is down but no guarantee the selling continues. Comment
qqq also reached it's downtrend line today Comment
with all the choppiness it could be we are just in a deformed triangle, in which case a sell down tomorrow confirms B as a triangle is over. 
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