TLT is bear flagging and hitting some key resistance.
Crytocurrency retested and now bouncing back with magnitude and volume. A break away from the bull flag confirms the uptrend.
Volatility will be back shortly. Watch out for the bears for spy spx dia qqq
S&P 500 getting rejected for retest at the weekly neckline. VIX is also forming a double bottom. TLT and treasuries in general got smashed today. Risk on!
We might see Vol coming back in the next week or so. Risk on.
Oil has been outperforming lately and forming a rising wedge long term. However, in the immediate term, it's facing some resistance with falling RSI.
Ethereum and crytocurrency in general have been correcting after the hype and speculation. Now Ethereum is at major support level (previous breakout) and forming a nice rounded bottom. Made a small entry and will add if it breaks the down trendline and retests.
The reason rate drop provide a low risk short entry of LT treasury after a retest at the neckline resistance.
$400 is a strong hold for ETHUSD which is in oversold territory. This might present a good entry point for the patient investors.
EURUSD hitting resistance and slowing European growth. Very bearish against USD and JPY
Finally formed a base and broke trend line. With major equity markets painting a engulfing bar, fly to safety will push rate down.
Bear flap forming and correlated down move in major markets. Risk on.
Bitcoin and Ethereum hitting upper channel and got rejected
Major support at $400. Expect it to bounce around the downtrend channel until $400.
SPY got rejected at the top of broadening channel, expect it to bounce around 235 with increasing volatility.
Real Estate in dangerous territory, might go down with bonds
TLT broke long term trend line. If the Fed couldn't stop 10y rate going up, there will be bloods in the Equity and Bond markets.