Hello Riders,
We have some exciting news to share! I've just posted a new video on YouTube summarizing the weekly charts for NASDAQ and Bitcoin. I invite you to subscribe to the channel as we'll be putting out more similar content in the future.
Here's a quick analysis for this week:
SPX is currently testing the Divider Band and presents a good risk/reward ratio for long positions.
NASDAQ is still correcting, but looks very similar to SPX.
Bitcoin still looking good on the weekly chart and only needs a bounce from SPX to continue growing.
Altcoins are waiting to see what Bitcoin will do.
A warning: 1W money flow on SPX and NASDAQ still red and going down, we need it green and going upwards for long term bullish action, until then we trade with caution, locking profits and using Stop loss.
4 in 1 chart
Don't forget to check out the vide
o on our channel and subscribe to stay updated on our latest content. Thank you for your continued support!
Best regards,
TR