Does this mean dollar strength coming? Given the market drops I see, and the volatility index looking ripe.. makes sense. it's still too expensing for JPM, and there are way too many bulls stacking. When it hits $9 again lots of hands will start to fold.
Watching and waiting, but looking to short capitalize on the coming volatility. Tricky to time, but pays big. This is THE pump and dump!
I like this on the long end until May! Waiting & watching :)
Long term, I am VERY bullish on oil... but we've seen this area many times. This could be a nice short in the near future, before inflation really gets out of control.
Could be a nice drop to $940. Too many bulls and still some weak hands left to crack. Most importantly...it's still too expensive for the .01%
A close tomorrow above the 50 MA would change my opinion.
Looking ripe for a punch down...
Until we see $2,900 I will not be convinced, and I could also be wrong!!! BTC is going to spike when inflation gets worse after QE4... because it's coming. Before EOY 2020. Always long BTC.
This will be interesting to see play out! Always long but with a minimal amount.
It is a retest, but will we break? If silver drops I will still continue to buy more.
Will be interesting to see how this plays out...