Red line is futures on S&P 500.
CC indicator below is correlation between XBTUSD and S&P 500 on 15m time frame.
Initial jobless claims was released, and rose 4.43 million last week, total is more than 26 million since the coronavirus outbreak started.
S&P 500 slightly pumped as expected (as in previous times) and trying to rose higher, as well as bitcoin....
With the pull back having happened and fast we now have a bullish candle on the daily. A break up through the high of that candle would suggest we will see new highs within this current trend.
