Good morning from CFT (our video is out!).
Bitcoin,
Not much new to add to our Bitcoin analysis. We have been expecting a little bit lower; we have had sideways trade. But once again still looking for a little bit lower, and then a continuation of the bull market.
U.S. stocks,
we are long, we have talked about continued strength, gains are continuing. We look still for a pullback at some point, and we will add to long positions as we think this market is good for continued weeks/months in the future.
Dollar,
We have talked about wanting to be short, but have not done that. It has had a nice rally this week, we are still wanting to be short, but the indicators are not allowing us to do that at this time.
Precious metals,
we want to be a buyer and watching our indicators give us the perfect entry.
That’s all for now; thank you, and have a good weekend!
CFT TEAM.