TheTradersBias

TheTradersBias

Well, what a rip this has been in crypto for the past couple of weeks. Looking for a good solid retrace now and a good sell-off in alt coins before really going in balls deep.

TheTradersBias

SPX monthly has another red inside candle. Breadth back below the key 60% level. Has been accurate the last few times.

TheTradersBias

Looks like the retrace of the rally in BTCUSD is underway. I would like to see a 50% retrace. This is the big test.

TheTradersBias

VIX is below the key long term support. Risk is back on for now. Not to see it will stay that way.

TheTradersBias

What a rip that was on gold with the $USD getting slammed. Great trading.

TheTradersBias

QQQ has rallied off a weekly double bottom but looking at the monthly the danger is not over. There a chance for one last flush to the downside to catch out the dumb money.

TheTradersBias

Junk is one of my favorite indicators for risk assets. If junk confirms this reversal we should see a rally in stocks and crypto. Very early days. A few more weeks should show a confirmation.

TheTradersBias

When the high yield spread comes down, stocks should rally. If the MACD crosses below the black line it should be bullish for stocks. Lets see how it turns out.

TheTradersBias

DXY weekly has been hammered to 50% Fibo retrace. Looks very over sold.

TheTradersBias

I have Monero on top 10 watch. I will just maybe give it a little more time. Very interesting to see over the next couple of weeks.

TheTradersBias

The monthly stochastic has just barely crossed on ETHUSD. Looking like a solid base. Early days but risk appetite seems to be coming back on.

TheTradersBias

The rally in LTCUSD looks quite nice. Almost ready to confirm a reversal on the monthly. Too soon to call yet but going in the right direction.

TheTradersBias

DAX rally has stalled at the weekly resistance. DAX is one of my favorite of all the indices. Might pull back and then have a run at the resistance again.

TheTradersBias

Missed the stock. Saw a lot of hype about the drug the last couple of years. Would have loved to have long dated options on it. Will be interesting to see what it does.

TheTradersBias

The Nasdaq has also had yet another key rejection. I was expecting there was enough of a base to see a breakout.

TheTradersBias

We have had yet another rejection off the key down trend line. Very interesting. Making for some great trading to kick off the year. Just have to see.

TheTradersBias

US 2 Year Yield seems to have confirmed a reversal on the weekly which in turn seems to have given stocks and crypto some cause to rally. Too early to say yet if it will be sustained. Lets see if we get a continuation.

TheTradersBias

Could risk be back on in crypto 2023? Bitcoin has picked up on the rally in tech stonks. Its too early to say if this will be sustained but there is some evidence of a key support forming. Lets follow and see if we get confirmation. I can easily see an epic rip your face off rally in crypto later this year depending on economic factors. I am a short term trader,...