Hello from CFT. (Our video is out!),
BTC:
The triangle we have been showing. We are in that green wave “Y” to the upside, should be an a-b-c affair, so we are bullish looking for higher. The bear count: if $42,000 or so is given up on the downside, that could be deemed short term bearish. But for now, we are long and looking for $52,000-$53,000.
U.S. stocks,
Nasdaq green wave 4 ended as we have been calling. We are headed to new highs; stocks look well.
The Dollar:
We want to be short, could rally to 99.50 one more time, but we are looking to be short.
Precious Metals,
Sideways to lower, maybe come down and spring that 147 – 148 level, but will look for metals to continue higher, on the basis of the lower dollar.
Thank You!
CFT Team.