Good afternoon from CFT. (Our video is out!),
Bitcoin,
We have been friendly at the lows down there at $29,000. We have been calling for a rally to $44,000-$48,000 we have gotten that. We were looking for a red wave 4, triangle which is still shown here, but we have been so bullish, we think actually wave 4 already ended, and we are just going to assault new highs. Our indicators are friendly, and it looks like we are headed higher. Â
Nasdaq,
We have been flat looking for a pullback; really, it is holding at the highs and nothing new to report.
The Dollar,
we have been looking for it to dig in and work higher, which it has done. Â
Precious Metals,
We have been short, and actually, we just covered our shorts, and we are now going to stand aside in the metals.
Thank You and Have a good weekend!
CFT TEAM!