Friday, November 12, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

Nov 12, 2021

Home 9 chart Analysis 9 Friday, November 12, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

Good morning from CFT (our video is out!),

Bitcoin:

No change; we have been looking for Bitcoin to work lower.  It did perk up a few days ago, but we thought that was going to be re-traced. That is happening; we are $63,200, still looking for a pullback down there around $57,000, before a resumption of the bull market.

U.S. stocks 

we were warning of a slight pullback; we have had that.  We still think a little bit lower, but our indicators are still friendly longer term, so we want to buy a pullback.  

The dollar,

continues to work a little bit higher. Again, we want to be short, indicators have not gotten us there, but we are looking for this market to make a top sometime soon.

In precious metals, 

we have talked about a low being made, and we still think that is what has occurred, and we look for higher in precious metals.

Thank you, and have a good weekend!

CFT Team