monthly candle about to close on the dollar.
looking like an inside bar.
could mean that big money is about to get bearish on the dollar into November-December.
does that mean that the stock market going up for the winter rally?
does that mean that crypto going up for the winter rally?
i know we got interest rates on the rise but has the market already priced...
SPX 500 Futures (front month) closes below bottom BB and in a zone with a previous retrace.
extreme low market sentiment, matched with flattening yields in bond market, with DXY reflecting a strong but fundamentally overpriced USD,
coupled with the fact that the market dropping record levels on red days (2-3% dips regularly, with price action showing strong...
So Fantom KUCOIN:FTMUSDT , sitting at Top BB200 band on Daily. It has Daily Fib Support Line Below. This will be a test of Fantom's momentum.
If it breaks top band: bullish
if it falls past daily fib support: bearish
Seeing the Daily Timeframe on NAS100 (and the same on US30), because of the steep angle of this COVID recovery in the market from 03/20/20 til now, the 60° trend seems very steep and unsustainable long-term.
I think that the next pullback of NAS100 (and US30/SPX500) to their respective 50 EMA's on the Daily Timeframe could signal a steep market reversal and...