Good morning from CFT (our video is out!).
Bitcoin, Last week we talked about the rally possibly ending at $67,000 and ready for a small pullback. We still think we are in the midst of that. We have caught high-level support, but we’re watching this work a little lower, so our indicators give us a solid buy signal.
On U.S. stocks, we talked about it continuing higher; we did go to a new high. We look for some consolidation, then further gains.
On the US Dollar, we talked about a move lower. We’ve got a rally today; we are still looking to sell short on this rally and a move down to 89.
Precious metals, we talked about a continued movement to the upside. We’ve got a selloff today, and we think we will catch support and turn higher at some point.
Have a good weekend. Thank you!
CFT Team