Looking at the Weekly chart on the US30 here you can see that the market still favors the bulls. As long as 25,6 holds, we're still in bull market territory.
Does this mean the market is predicting a Trump victory? Lots of volatility to come in the next month, so hold onto your saddle.
Oh, bitcoin, bitcoin. Some day, someone is going to have to explain to me the merits of a $100,000, let alone $1 Million dollar bitcoin. What do you want to show me, a stock to flow model? You want to explain the halving? Maybe it's the ever growing interest of institutional investors. I mean you got Paul Tudor Jones for christ sake!
I get it, we all get it. And...
Looks like EURGBP has some room to grow to the upside.
Current TPs we're looking at:
TP1- .92660
TP2- .93857
TP3 - .94953
Around .91500 would be an ideal entry with a SL of .91200 - .91300.
Safe trading, folks! Remember to manage that risk.
