BTC - Press Your Luck
The Potential for a Squeeze in BitCoin is rising. 30,000 lets go and Sellers will
indeed press their luck should it fail.
Selling throughout the EU Session has gained momentum as the VIX broke it's
UTL by 4 Ticks.
We had issued a cautious note on Indices into July 20-22, 2021 as tensions were
beginning to mount in the South China Sea.
RTY has failed IT Support, ES Fails at 4251, YM 34,000 - NQ 14313.50.
CCRV has been indicating a Pullback in the Commodity Complex as the Curve
appears to be heading South once again.
Presently, we are anticipating a minor retracement at some point today, perhaps
when the EU Session closes up into 11:30AM EST.
Should Selling continue unabated, we anticipate BRC losing 30K this week and
heading to out open Target of 24955. 36,000 should contain any ST Squeeze as
the Sell Side of the BTC trade is becoming crowded.
NG has been a stellar counter-trend trade to CL, $4 appears to be in play.
Remembering when NG traded from $1 to $21 - brings back memories.
OGZPY (Gazprom) would continue its trend to $20 over the longer term time
horizon.
The VIX has made a new high just now and is now targeting the 22.75 Level.
It's going to be a sporty day indeed, right on time :)
indeed press their luck should it fail.
Selling throughout the EU Session has gained momentum as the VIX broke it's
UTL by 4 Ticks.
We had issued a cautious note on Indices into July 20-22, 2021 as tensions were
beginning to mount in the South China Sea.
RTY has failed IT Support, ES Fails at 4251, YM 34,000 - NQ 14313.50.
CCRV has been indicating a Pullback in the Commodity Complex as the Curve
appears to be heading South once again.
Presently, we are anticipating a minor retracement at some point today, perhaps
when the EU Session closes up into 11:30AM EST.
Should Selling continue unabated, we anticipate BRC losing 30K this week and
heading to out open Target of 24955. 36,000 should contain any ST Squeeze as
the Sell Side of the BTC trade is becoming crowded.
NG has been a stellar counter-trend trade to CL, $4 appears to be in play.
Remembering when NG traded from $1 to $21 - brings back memories.
OGZPY (Gazprom) would continue its trend to $20 over the longer term time
horizon.
The VIX has made a new high just now and is now targeting the 22.75 Level.
It's going to be a sporty day indeed, right on time :)
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