8.18.2024 Weekly Pre-Market Analysis S&PThis is my Weekly Pre-Market Analysis on the S&P>
Right now we are going to wait for market structure to form.
We saw lower highs and higher lows form on Friday after the last bullish move up. So we do not have a clear direction as to which way if may head.
We have a plan for a SHORT position as well as a plan for a LONG position.
We just need to watch the LOWS & HIGHS form on the 15 minute chart, before we even think of getting into a trade.
Futues
etc longWith BTC dominance dropping below 40% for the firs time this bull run I began to look for good cryptos to target, Eth is hitting all time high every other week and etc is still yet to have hit a single ath. I think it is inevitable for Etc to start hitting ATH and as you can see from the chart the price is starting to react to the explosive growth of eth. this might be the last time that you can load up on some etc before it explodes.