Today's "Pressure" On Cryptocurrencies Is Bearish For Stocks. By Gregory Mannarino

in #money6 years ago

Robin Hood cover.jpg

Cash making it's way either into or out of crypto's has proven to be a measure of risk, a leading indicator in fact, for stocks.

It seems that after the recent selloff in stocks, and what appeared as a V-shaped recovery, well stocks are stalling-and cash is also coming out of cryptocurrencies.

I view this as a short term bearish signal, one in which we can capitalize on!

By watching closely using a technical trading system, I believe that we can get darn close to entering a short position say against an index and take advantage of a new drop in stock prices.

Happy Trading!

Gregory Mannarino

$$$ RIP THIS MARKETS FACE OFF 100% FOR FREE. Click here: https://www.traderschoice.net/
Into Crypto's? The free charts on my website of Steem, Bitcoin, Ripple, Ether, and Litecoin, are all LIVE 24-7. Click here: https://www.traderschoice.net/
PLEASE PAY IT FORWARD. What good deed will you do today!
Live with purpose, make a difference.

Sort:  

Live with purpose, make a difference. very motivational quote..
Thanks for update Robinhood....
Upvoted and resteem

thank you for the information @marketreport

Oh this is not good news at all :(

$$ Greg "The Man" Mannarino $$

upvoted and resteemed! @marketreport

Thank You Robin Hood

upvote and resteem don greg sir

What system is "technical trading system" @marketreport ??
Any of yours or whats the ref here??

Use what you are comfortable with. I happen to like my RIP System, or Evo System (no longer available), however there are others.

I use all 3 of your systems .. i.e EVO, RIP and also the compression&expansion ...swapping between them.
Edit: lol, i was misreading .. I thought it said "the" technical system.. Not "a".
All well.. Understand now .. Hahah @marketreport

nice greg for share this new updates on market like always

upvote and resteemd

Resteemed!

upvoted and resteem!

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70753.86
ETH 3589.34
USDT 1.00
SBD 4.75