Good morning from CFT (our video is out!),
We have been of the mindset that Bitcoin has made a low here as well as U.S. stocks. So our count is we are still working on a wave 4; it could have been done and completed down there at the low at $29,000. Or we could be going sideways in a triangle as we show, but ultimately we still expect higher prices.
On U.S. stocks,
we picked the low exact last Thursday as shown on the chart, and we continue to stair-step higher. Again after picking the low exactly and getting some good stocks, so if you are looking for some stock analysis and stock investments, hit us up. We have picked all the major moves in stocks recently.
On the dollar,
we are now actually flat. This is the 4-hour chart we have been showing. We are flat now, scared of maybe one more new low; we took about 4% losses and so far standing aside.
And on precious metals, we are still short, looking for a little bit lower.
Have a good weekend, and thank you!