Lots of selling pressure at the end of last week..... Crypto, Indeces, futures look like they wanna bounce but all will be determined by geopolitical situation so really hard to call the direction. In general I am bullish, war is bullish once the insecurity is gone and markets know the damage
Markets open in 15 min and we are approaching a convergence. I think odds are towards a ride up but we can go down too. Wait for a signal and enjoy.
I am an amateur, so do not follow me! Seems like we are starting a new cycle of Elliott's wave. Considering tensions in Mid East, small improve of economies and positive results of big banks today - let's go LONG & STRONG
Let's short Gold, considering all the geopolitical situation in the world. Start shorting at 95 and with the target at 84, just a little short till we get more direction. We can be looking at 75 as the second target
Downtrend will continue in coming days at least till first week of July. Trump needs oil lower as an excuse for FED to cut interests. G20 is happening 28 of June and this gives him a perfect opportunity to increase tension and I expect market to take a week to digest bad news - we might see strong support of 43 in beginning of July.