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ViniciusBaccelli

Possible dead cat bounce coming for the S&P

Long
Indice S&P 500 (SP:SPX)  
ViniciusBaccelli  
SP:SPX   Indice S&P 500
Trend Analysis Technical Indicators Fundamental Analysis SPX (S&P 500 Index) DXY BTC ETH
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trendanalysis indicator fundamental spx dxy btc eth
As the markets got extremely oversold last week, it is possible to get a bounce and retest the 21 weekly MA.

The 56 weekly MA worked as support for now and we could have a good upward week ahead followed by

another leg to the downside. Also, BTC and crypto are mirroring the S&P for now as well.

Idee correlate

ViniciusBaccelli
Dollar is falling harder than I thought
ViniciusBaccelli
BTC 100% correlated to the S&P at the moment
ViniciusBaccelli
Dominance direction right now is very delicate
ViniciusBaccelli
If the S&P reverts to the upside BTC could short squeeze sellers
ViniciusBaccelli
Pull back for more upside action the dollar
ViniciusBaccelli
Sell the rumors and buy the news time. Inverse thinking could be
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