It is demanding to build a sustainable bullish case for Bitoin for as long it is trapped within a corrective price channel that resembles a bearish flag on the daily chart. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your own risk […]
Yesterday’s jump on the 30-year US Treasury yields (after a not good auction) is moving the long-end toward the all important 3,50% resistance level, with any implications that this would have to the rest of the markets. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are […]
The metal starts feeling some pressure from the lowest Fib (38,2%) of the last half year’s move on the daily. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your own risk management decisions.
CL is trying to leave the 6-month lows well behind. To signal that good days are ahead, it needs to solidify trading above $93/bbl thus turning a crucial resistance into support. Anything less will speak for a resumption of the downtrend on the daily. Disclaimer> This post is purely informational. It does not constitute a […]