Home 9 chart Analysis 9 Tuesday, August 9, 2022. Bitcoin – Stocks – $ – Metal – Our video is out!

Tuesday, August 9, 2022. Bitcoin – Stocks – $ – Metal – Our video is out!

Hello from CFT (our new video is out!),

BTC,
Last week we talked about being 70% in cash, looking for some backing and filling. We’re still of that opinion; we’re $23,000 where we were last week. We’re looking for a little bit lower to add back to our long positions.

U.S. stocks,
Same thing we have been bullish looking for higher. We think we could have a short-term pullback here, not much lower, then a chance to enter some long positions.

U.S. Dollar,
we have been talking about a top. Indicators were a little oversold we talked about last week; they are still a little bit that way; we would like to see a rally to 107 – 107.50, and then that would probably be a good place to be short.

Precious Metals,
Looking for a bottom to be made. Maybe a little bit more of a pullback the next day or two, but we look for that rally up to 130.

Thank You!
CFT Team.

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