My bear’gasm lasted the morning, again, and we are being spun around once more. SPX is back inside the range, NFP could be fireworks or sput sput fizz, crude oil has locked in a first profit, and BTC looks like it wants to join the party.
...Tag n Turn swings are back bearish, GEX has flipped negative with a huge node at 7650, crude builds a V at the range lows, and Bitcoin sits sulking between 82k and 86k.
...57% of stocks are below the 200, Uncle Russ is off 8.1% and the S&P is still sat near all time highs. The SPX V-pattern has become a range, Bitcoin meanders, and the Premium Poppers keep paying.
...Up a day, down a day, and a handful of stocks doing the lifting. SPX’s 7660 is holding for the moment, Bitcoin needs 85,000, and I’m waiting to see the logging truck.
...SPX is flipping off the 7780 zone again, Uncle Russ keeps up the lazy decline, and my fast bear move is back on the table. Here’s why I’d welcome it with October around the corner.
...Markets tanked, Iran talked peace, markets pumped, and my head came clean off. VIX played peekaboo with 16, Gold barely clung on, and Bitcoin, of all things, turned out to be the voice of sanity. Here’s how my SPX and RUT bear swings are locked, and what BTC needs for the next add-in.
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