Weekly wrap up and preview for 3-19 SPX VIX GOLD BONDS OIL BTC
All in the video, my guess is spx gets to 3800 area and bounces from there for a few weeks before the larger sell off. VIX has resistance at 32, so that's the target in my opinion. Gold looks wonderful but a pullback may be coming if the market bounces. Bonds are in a similar situation as Gold. OIL has major support at 62, and i think it comes quickly. BTC probably rallies to 32k, maybe to 35k if the bottoming pattern plays out.
Good luck and have a great weekend!
Good luck and have a great weekend!
Kommentar:
Good morning, the market sold off last night but found support at this channel boundary. One more high to reach the top of the channel wouldn't surprise me and would still be in line with a sell off later in the week. We'll see if this happens
Kommentar:
A larger look with similar target is this. Either way a rally is a shorting opportunity.
Kommentar:
wtch for a bear trap at open. If we rise for the day it may creep up into wednesday fomc
Kommentar:
so far it is doing what I thought.
Kommentar:
with all the previous zig-zags, another one to complete the structure would make sense into fomc
Kommentar:
Kommentar:
made a new post. I think they will spike through the 18 weekly and then reject by eow. See you tomorrow!
