Good morning from CFT (our video is out!),
BITCOIN, We had been looking for Bitcoin to pull back to approximately $57,000; we did get that overnight. We had a buy down there at $56,525 for some partial positions. We think the low has been made, or we are very close; then we look to continue the recent bull market.
U..S. stocks, we have been talking about longer-term we still look higher here. We have went to new highs again; we would like to see a pullback to add to long positions.
Dollar: talking about wanting to be short. Haven’t been able to get that done; indicators are a little bit bearish here, so we’re watching closely about getting short the dollar.
And at the same time, precious metals, we think we have made a low, headed probably above 170 to new highs, looking for a low-risk entry point.
Thank you, and have a good weekend!