Tag Archives: Crypto
A.M. Look 4/9/21
Crypto is in rally mode going into the weekend. Industrials are bid. Spoo will take under 4073 to back off. Slow motion days in a Bull market tend to melt up / not down at the end of the session. … Continue reading
A.M. Look 3/09/21
https://www.bloombergquint.com/china/china-state-funds-said-to-buy-stocks-to-stem-worsening-rout Thanks for the article Randy! China intervenes and buys stocks. This is not a small thing. Yuan strengthens and metals rebound to nowhere. Gold needs a 1710 print to show bottoming action. Metals and Crypto have the Bond rollover … Continue reading
A.M. Look 2/26/21
Keep your trading hats on. Crypto & Cattle expiration Spoo’s retested the top of its gap and its corresponding 50 DMA and bounced. Two round trips so far since Asian opened. Spoo/Bond is at risk on the weekly chart. DAX/Bund … Continue reading
A.M. Look 2/22/21
30 Yr. Futures hit a pesky 50% level that bounced. Gold is correcting against the 30 Yr. Bonds, Platinum and Crypto. Crypto is volatile on the weekends when the major exchanges are shut. Etherium has given back 8 days of … Continue reading
A.M. Look 2/17/21
It’s all crypto against precious metals this A.M. March Bitcoin & Etherium Futures have been trading over Feb. 30 Yr. Bond Futures traded the next target level last night. Gold is sitting on the previous breakout level from June 2020. … Continue reading
A.M. Look 2/12/21
Risk spreads remain positive. Less is more today! 30 Yr. Yield chart is holding, looking for higher yields. Spoo’s are range bound into Chinese New Year and a long holiday weekend in the U.S. Precious metals are soft versus crypto. … Continue reading
A.M. Look 6/26/19
It’s shaping up to be a morning to let the market tell us what is what. Bitcoin and Oil are the two instruments that have responded the way I thought. 13,500 is the .618 of the life of Bitcoin Futures. … Continue reading