
Please try another search
Combining yesterday's rally in BTC and ETH with the SPX recovery above its 100-DMA seems like a powerful technical confluence for the bulls. Buy-the-dip justification may grow stronger when adding NASDAQ's bounce from its 10% top-to-bottom decline.
All this sounds great, but more obstacles remain ahead. US 10-year yields having broken above their 200-week MA, such occurence could be similar to the break of November 2016, when higher yields made their presence felt in tech stocks. Let's keep an eye on the following levels of confluence; 4550 on SPX 40K on BTC.
Bitcoin is under pressure and has slipped below support at $26,500 Meanwhile, Ethereum has been on a downward trajectory since reaching $2,100 in April A potential positive...
In our last update, see here, we presented three Elliot Wave Principle (EWP) options for Bitcoin, but we can now narrow it down to only two: a preferred and an alternate. Moreover,...
USDCAD had been stuck in a steep uptrend after finding its feet at the 11-month low of 1.3091 in mid-July. However, the pair has been undergoing a downside correction since its...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.