Weekend Update - Stocks and Bitcoin Divergence
stewdamus
Traders,
If you've been reading my static posts, you'll know that the SPY has reached its downside target of 410 for the head and shoulders pattern that we've been watching. It's now looking like a bounce can be expected. I'll briefly touch on what I am seeing on the SPY chart as well as the DXY, VIX, and, of course, Bitcoin.
I'll also quickly brief you all on my Bitcoin short trade and what I am expecting might occur here.
Best, Stew
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