DOW at all time highs, Tech sector consolidates, Oil down but energy stocks up. Gold down, Cryptos big pull back after record run. Forex consolidates
All this covered in my weekly market review
DOW at all time highs, Tech sector consolidates, Oil down but energy stocks up. Gold down, Cryptos big pull back after record run. Forex consolidates
All this covered in my weekly market review
mostly up day with YTD leader Biotech leading , Tech sector rallies, Energy still weak , XLV, XLI and DIA at all time highs
Red day in the Markets with lots of selling in final hour, only 1/3rd of market is above it’s 10 dma
Crypto Market Cap is on the rise, Bitcoin hold 9 billion lead over Ether, that is up from 6 billion a week ago
The Transports have formed a multi year Cup w/ Handle, with energy prices being kept low, Transports could be in for a big long term move up
Here is my weekly look at Market Trends
after big selloff money flowing back into Crypto’s , so is the selling over or is this just a dead cat bounce
big bullish day for the markets as 2/3 of the market up over 1%, lets see if these gains can hold into the close
Crypto’s held on to and extended gains, Biggest mover Ethereum, breaking through some major resistance at 300
Markets gave back most of yesterdays gains, led lower by Semiconductors which are in full correction mode
Being the end of the month and halfway point for the year I will be looking at long term monthly charts, as expected Stocks are moving higher, Oil lower and Gold/Silver sideways
Crypto’s continue to consolidate after correction, except for Litecoin now near all time highs