Market Shaking | Bullish Flag | Andrew Aponas
I am still tracking the financials and in particular Bank Of America. Today looks like there may have been a low volume test done by the insiders however it could also be just a weak market/free floating. The volume is critically low, this can be a sign of the beginning of a breakout by the insiders (big money) but it could also be an indication that price is range bound and the market is still attempting to shake any sellers. Today could have been a pullback to the neckline of a double top, or it could be apart of a larger bullish flag continuation pattern. All that I have left to say here is that I think the entire stock market and financial sector will resume it's rally when bitcoin begins to retrace. I think everyone is pulling out there money from stocks and pumping it into Crypto-Currencies. Without anyone telling me or reading it somewhere, I am now thinking that the stock market and crypto-currency is inversely related. I will include my chart for BTCUSD below.
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