LTF looks like it wants to reverse

On track to retest 89k

Reaching resistance area.

Broken. Above 90k again

If we close here it would be pretty nice with a nice higher low printed. I really hope we remain >90k now.

As said before, macro TA flips bullish again when we reclaim the 50W MA which is >102k

$SPX Update

JUST IN: BlackRock CEO Larry Fink admits he was wrong about crypto.

@WatcherGuru

SPX close to ATH while BTC is forming a bear flag which I don‘t like.
Hopium is that we see new ATHs on SPX to carry BTC up.

89-90k must hold to remain somewhat bullish. But current PA makes gives me disbelief so far..

Zone must hold.
Last hopium support at around 85.4k rn.
If this doesn‘t hold we retest 80k again and 73k is in play again.

Closed above 89k is a good start. Weekend now so anything aside from big moves is mostily invalid again.

Bear Flag or ascending triangle? I guess we will find out within the next 1-2 weeks.

Something completely different which is a lot more risk averse than crypto: $NKE Nike.
70% correction from the top. Great Elliot Wave count and currently between 0.786 and 0.618 fib retracement. When this green downtrend breaks, I believe we can see a nice bear rally.

JUST IN: $410 billion PNC Bank partners with Coinbase to offer direct Bitcoin trading for clients.

The first bank to market such an offering among major US banks.

@WatcherGuru

How is the market so bad with news like this popping weekly.

break >94k and holding above would confirm an ascending triangle and surely send us to 100k.

FED CUT RATES BY 25 BPS, AS EXPECTED

SPX going towards ATH while BTC chills..

SPX about to close at 6900. BTC should follow soon.

If we pump through 6900 the next days, we should have a very good foundation to retest the 50W MA at 102k

However, 6900-ath is a tough resistance

Russel2000 (lower market cap stocks, simiar to altseason in stocks), hit new ATH today