Risk appetites are back, we have a nice bottom in Bitcoin.

Confident we see equities push into the 4000 range in /ES.
The slope of the moving average is still aggressively bearish - (the angle of the red line is sloping down)
I imagine even with the bearish trend intact, we should see relief in price testing that 20d/20w moving average.


We may see bulls run it into resistance, and then the trend down will most likely continue.

Confident we see equities push into the 4000 range in /ES.
The slope of the moving average is still aggressively bearish - (the angle of the red line is sloping down)
I imagine even with the bearish trend intact, we should see relief in price testing that 20d/20w moving average.
We may see bulls run it into resistance, and then the trend down will most likely continue.
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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.