Hello from CFT (our new video is out!),
Bitcoin:
The same triangle we have been monitoring. We look like we think the « b » wave ended here over the weekend we have been looking for. So, we are still looking for that rally up to $52K -$53,000 plus. $37,300 the « x » wave low, taking that out would be decidingly bearish, so we will watch that.
U.S.stocks:
Our Indicators are coming down to friendly again. So we will be a buyer on anything a little bit lower this week and still look for new highs.
US Dollar:
We talked about a rally above the 100 level we would be getting short. We definitely are getting really interested in being short up here; we will watch the next couple of days.
XAU:
We look for a pullback, possibly down to that 148 level again, which would offer a chance to buy.
Thank You!
CFT Team.