Friday, November 5, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

Nov 5, 2021

Home 9 chart Analysis 9 Friday, November 5, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

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.