Post FOMC autopsy - SPX, GOLD, BTC, USOIL, DAX, BONDS
I forgot wheat - still looks fine for bulls.
All in the video, expecting a pump up today and then further selling to 3700. Sentiment is extremely bearish and so with the technicals I'm watching I'm expecting a rally sooner rather than later. OIL looks good for a nice swing up, Gold as well, Bonds may have a breakout on TLT, but we need to see follow through - one more low there would not be a problem. BTC still holding fib support - to me that's bullish. DAX at strong trendline support with Weekly bull divergence - also looks good for a nice rally.
good luck!
All in the video, expecting a pump up today and then further selling to 3700. Sentiment is extremely bearish and so with the technicals I'm watching I'm expecting a rally sooner rather than later. OIL looks good for a nice swing up, Gold as well, Bonds may have a breakout on TLT, but we need to see follow through - one more low there would not be a problem. BTC still holding fib support - to me that's bullish. DAX at strong trendline support with Weekly bull divergence - also looks good for a nice rally.
good luck!
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