Bitcoin consolidates with a still bullish bias
S&P 500 had no fear before or after BoJ – no stunning the markets with 50bp hike, and in today‘s extensive video I‘m laying out what were the decisive advance clues for me, and how the premarket fits into the picture. Get ready for yields, USD, markets breadth and gold, silver with oil analysis as Bitcoin consolidates with a still bullish bias – where does this leave industrials, financials and interest rate sensitive sectors trading today in light of Trump‘s Davos declarations regarding too high rates worldwide and wish to see more oil production (meaning lower prices)?
Clients swing and intraday have benefited mightily from the fresh bullish S&P 500 calls driven by so many factors discussed. Also Ellin‘s crypto calls worked out fine.
Let‘s dive into the two most important charts that I‘m diving into in today‘s video. The implications for risk taking prospects are stark, so do review the analysis together with more market breadth and gold insights. Pay attention to premarket earnings beyond XLF. So much to profit on really.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.