Fomo Friday will probably continue into Monday. My guess is risk on assets - IWM and Crypto will likely get bid hard while SPX and QQQ consolidate and take a breather. Gold needs to hold 2k otherwise it will probably dump hard. Oil has made no real decision yet, but XLE looks like it will rally back to it's channel. TYX is rising, but so far the market doesn't care. A pullback on TYX would continue the rally on SPX. BTC may sell off a little more, but then I think it also rallies as part of the risk on trade.
Good luck!
Good luck!
Note
Vix is positive on the dayNote
they lost the breakout, but as of now there's no real breakdown unless they get under the lower yellow line. RSI still low to me, so I'm considering this still in consolidation mode unless they get Related publications
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.