LarryReaves

LarryReaves

See chart for long term, but short term: Bitcoin (BTCUSD) up Bonds (FVX) down Gold (GC2!) up Heng Seng (HSI) down Dow (DJY0) down Dollar (DXY) down

LarryReaves

Wave 2: Wave two corrects wave one, but can never extend beyond the starting point of wave one. Typically, the news is still good. As prices retest the prior low, bullish sentiment quickly builds, and "the crowd" haughtily reminds all that the bull market is still deeply ensconced. Still, some negative signs appear for those who are looking: volume should be lower...

LarryReaves

neckline around 94

LarryReaves

Could provide a nice base if a whale wants to try and turn the trend.