Market Overview

  • Premarket Up
  • BTC Down: 6 Months Low
    • According to my analysis, it can drop further down to 6000-6400 area which I think that it might be the true bottom before halving rally.
    • I said potential bottom at 6000-6400 on Friday as you can see above. It hit day low at 6534 before 5% recovery. If this bounce is legit, it should clear above at least around 7250. That is another 5% jump. Then it should never go below 7000 again. Otherwise it may try the bottom 6000-6400 again.
  • Gold Down
  • WTI Down
  • Brent Down
  • Bonds Up
  • Vix Down
  • LVMH to buy Tiffany
  • UBER stripped of it's London license

Flags from Friday




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.