No need to update stocks charts as they still trying to dig themselves out of the dip. DXY interesting. Same bull flag that started forming there 3-4 weeks ago which I indicated on my previous chart. What it may lead to drawn by the next arrow. Nearest target ~97.38 and then bounce back to 96.5

Alternatively may expect it to make another swing down to 96.

@WiseForex #DXY

Suggest to take a look at Silver month chart. This may be a bottom of bull flag that will later take price to 37 / 41 / 48.

@WiseForex #Silver

Approximately the same situation with Gold with only difference that it is more bullish. Week chart.

@WiseForex #Gold

Dow Jones and all stocks in general now.

Finally that triangle broke out. Inflation helps and gold is the first thing people come to when fiat start to lose value. Soon #Bitcoin will become the second.

@WiseForex #Gold

Yesterday wrote about Dollar Index chart (DXY. Another chart worth keeping in eye for Bitcoin PA prediction is S&P500 index.

SPX closed Thursday/Friday somewhat bullish. We may expect Monday open with a bullish wick to 4594 - the rest depends how day candle close. if we see clear rejection most obvious direction of pull back will be to ~4400 (for stock traders I'd recommend longs from 4310-4370 zone with up to 10x leverage). Target for the next bullish swing 4700 / 4770.

P.S. Did you know you can trade SP500 same as Forex at PrimeXBT exchange with crypto deposit? 😉

@WiseAnalyze #SP500 #Stocks

S&P500 didn't get to long zone by $13 so moving longs lower to 4290-4222 range. Stop on day close below 4200.

Targets 4730 / 4870 / 5000

P.S. Did you know you can trade SP500 same as Forex at PrimeXBT exchange with crypto deposit? 😉

@WiseForex #SP500 #Stocks

SP500 keep on knocking on to 4370 support but haven't lost Monday range yet.

S&P500 made another leg down. Long orders waiting lower as described above.

P.S. Did you know you can trade SP500 same as Forex at PrimeXBT exchange with crypto deposit? 😉

@WiseForex #SP500 #Stocks

Long position filled. Nasty dump - best time to long. Hopefully next week open will give us a bounce 🙏🏼 Depending on that bounce I will either close it under 4370 resistance or will keep for original targets (4730 / 4870 / 5000).

🔥 You can trade S&P500 at PrimeXBT exchange with crypto 😉

@WiseForex #SP500 #Stocks

So far look good for a bounce. Holding long while overall market situation obviously look bearish.

@WiseForex #SP500 #Stocks

Seems that 4290-4222 buy zone was perfect after all 👌🏼 Plan to add more on pullback to ~4250.

@WiseForex #SP500 #Stocks

Stocks bubble is about to burst 😱

S&P500 cleared liquidity on dump wick and bounced from the zone I've been marked. Unfortunately I got wiped out as well - should have remembered the rule to wait for day close before taking actions.

There are two scenarios.
1) If price go up without meeting any significant resistance and grow close above 4217 (before starting correction) - that will be a bullish sign and new entries good at 4215-4265.
2) If price slow down around 4220 resistance that chart is still bearish...

🔥 You can trade S&P500 at PrimeXBT exchange with crypto 😉

@WiseForex #SP500 #Stocks

Macro view on S&P500 - each candle equal to 4 months period. Last quarter closed bearish. Therefore we may assume that nearest 4-8 months have high probability to be bearish as well. The rest depends on reaction to the middle point of that channel.

@WiseForex #SP500 #Stocks

S&P500 continue its movement towards 3760-3812 support I mentioned 6 days ago. No hope for a bounce earlier.

🔥 You can trade S&P500 at PrimeXBT exchange with crypto 😉

@WiseForex #SP500 #Stocks