Markets in Transition
So a number of markets are showing major signs and signals. Bitcoin is close to issuing a technical buy signal and we had a cyclical cycle kick in on Monday.
The S & P 500 futures took out a key level at 4430 regions to show signs of turning the corner and NQ needs to take out 14330 on futures to do the same.
Silver issued a sell signal today by taking out 2545 and it is another case of the cartoon strip peanuts where Lucy promises that Charlie Brown will kick the football but then she lifts it at the last minute so he can fall flat on his back.
Natural gas issued a reversal signal this morning from our long-term target of 7.95 that we saw last fall.
What’s next?
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