Nightly Financial Update
CRYPTOS -- EMC_USD has a new Buy signal
OEF, DJI, DJT and IWM all dipped below the 8EMA. Bearish signal, but it is the beginning of the new year. Not unusual to see profit taking at the end of December.
New reversals coming up are BAX on the 2nd and HON on the 8th
IMPORTANT -- The swarm of 9's on the VXX chart have stopped. Expect a spike in VXX in a day or two.
$ES (S&P 500 futures) has a Long Wave indicator on the 28th. Long Wave indicator is always Bullish. We might see a move lower for a few days, especially with the VXX now ready to pop higher. The last Long Wave indicator was on Nov 10th.
$KC (Coffee) is at a reversal that should take it lower.
$HG (Copper), $SI (Silver) and $GC (Gold) both have a string of 9's over the past few days. Expect a move lower when the 9's stop
Full Moon. Stocks usually get Bearish around this time.
#bitcoin
My head has a headache thinking about the bitcoin price now because its selling it