This is one of the most important charts right now.
If SPX breaks down against Gold, the environment we have found ourselves in for the last decade will completely change.
we tagged 98ks, though it looks like 102.5k is capping price for now, if it keeps rejecting into NYO, we could see a deviation around 97k–96.8k before retesting 104–106k
gm! 🦄💫
Really keen to be seeing what's happening when #Bitcoin takes the liquidity form the October 10th crash.
That should be a key point for potential bounces/bottom formations.
Disastrous start of the month.
$112K remains the crucial level for any new ATH attempt.
So far, so good on #Bitcoin.
It's nicely holding up here and doing a slight retest after this strong breakout.
That's normal, pre-FOMC.
I would assume that we're bottoming here today and that we start the uptrend in the remainder of the week.
$ETH Big test here around its previous cycle highs.
For me, this is the level to break and hold if the bulls want to get back to the highs in due time.
Another rejection here would not be great for this larger timeframe view.