stewdamus

Weekend Update - Stocks and Bitcoin Divergence

INDEX:BTCUSD   Bitcoin
Traders,

If you've been reading my static posts, you'll know that the SPY has reached its downside target of 410 for the head and shoulders pattern that we've been watching. It's now looking like a bounce can be expected. I'll briefly touch on what I am seeing on the SPY chart as well as the DXY, VIX, and, of course, Bitcoin.

I'll also quickly brief you all on my Bitcoin short trade and what I am expecting might occur here.

Best,
Stew

Stewdamus Trades -

Prophesying the price action of markets one chart at a time.

Crypto predictions, targets, how-tos, and much, much more!

Never miss a prophecy. Sign up for my free newsletter at:

stewdam.us
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.