Hello from CFT. (Our video is out!),
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.
Nasdaq green wave 4 ended as we have been calling. We are headed to new highs; stocks look well.
We want to be short, could rally to 99.50 one more time, but we are looking to be short.
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.