Market Overview

  • Premarket Down
  • BTC Down
  • Gold Up
  • WTI Down
  • Brent Down
  • Bonds Down
  • Vix Up
  • Core CPI at 8:30 AM
  • Bitcoin: 
    • Attempt to break out 10400-10500 resistance and failed. The correction could bring it down to 8,000 level. There's still a chance to break out on 3rd attempt soon. No matter what, I expect it to hit over $13k before March or early March. Personally I'd rather see it goes down to 8000 one more time so I could buy more.

Flags from Wednesday




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.