Market Overview

  • Premarket Up - Bullish
  • BTC Down
  • Gold Down
  • Bonds Up
  • Vix Down
  • Trump Delays the Tariff hike
  • Brexit delays key vote.

Watch

HVBTF:
BTC had a roller coaster ride over the weekend.
It surged to over 4200 and failed to break out the resistance.
Then plunged to the low support area between 3700 and 3800.
I would expect HVBTF would trade around 0.37-0.38 today.
Ideal LT entry would be at or below 0.33 which is SVM 20 day bottom.

CGC and CRON: no recovery from Friday's dip today could lead to further longer dip and possible bearish trend.

Flags from Friday

B2-DLTR: Up by 0.2%
P-GOOG Up by 0.39%
R-AMD Up by 1.85%
R2-HVBTF
Short-CGC short Down by 0.18%

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.