Market Update 3/1/2024
Aggiornato
Too lazy to type again. Just watch the video. Its pretty straight forward.
As before, Id still like to see a drop back to the day TF hulls .
I am hoping this corresponds to MARA starting under 21.5 and then I can grab it when we start a week back above 21.5. And by above, I dont mean 25-30% above like it did last week.
As before, Id still like to see a drop back to the day TF hulls .
I am hoping this corresponds to MARA starting under 21.5 and then I can grab it when we start a week back above 21.5. And by above, I dont mean 25-30% above like it did last week.
Nota
Looking for 12HR (next day candle) to start slightly above 44.1k.I still think there is a lot of weakness in the current structure and a big ossibility that we have a repeat of august 2020 (which came down from a flag before going to the moon).
Bearishness can possibly come from the DXY ending (DXY end is always next weeks start spot) slightly above 102.4.
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Just another update. DXY moving as expected. I am always surprised by greedy buying when it makes more sense to be cautious. Cautious does not mean selling, but it certainly means not buying.As usual, the buy points were: Nov 20th, Dec 4th and Dec 11th. For the NDQ, DJI and SPY respectively.
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