Bitcoin consolidates with a still bullish bias
S&P 500 had no fear before or after BoJ – no stunning the markets with 50bp hike, and in today‘s extensive video I‘m laying out what were the decisive advance clues for me, and how the premarket fits into the picture. Get ready for yields, USD, markets breadth and gold, silver with oil analysis as Bitcoin consolidates with a still bullish bias – where does this leave industrials, financials and interest rate sensitive sectors trading today in light of Trump‘s Davos declarations regarding too high rates worldwide and wish to see more oil production (meaning lower prices)?
Clients swing and intraday have benefited mightily from the fresh bullish S&P 500 calls driven by so many factors discussed. Also Ellin‘s crypto calls worked out fine.
Let‘s dive into the two most important charts that I‘m diving into in today‘s video. The implications for risk taking prospects are stark, so do review the analysis together with more market breadth and gold insights. Pay attention to premarket earnings beyond XLF. So much to profit on really.
Author
Monica Kingsley
Monicakingsley
Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.
