Savoring BTC Victory

(MENAFN– Investor Ideas) S&P 500 Yesterday I offered a great intraday return and now I will present the analysis that I sent to clients before the opening bell – this will shed the best light on how I was able to generate nice profits for them on intraday terms. Excerpt from yesterday’s daily premium analysis along with the given chart:

(…) Sectorally, there are encouraging bottom signs, whether technology comes into play or not. The baseline is in the mid-5,870s; A break below (or conversely staying above) the largest hourly green candle during yesterday’s regular session provides an important signal for the daily outlook. So far I have no bullish belief that the bottom is actually in (next trap session) – the index appears to be forming a bear flag/pennant.

The fact that Bitcoin correction was still elusive, combined with flows into my key sectors at that time of day, was what pushed the move into the long trend almost to the closing bell.

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Let’s get right to the charts (fully ) – today’s full-scale article includes 5 more of them, with comments.

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Gold, Silver and Miners

The day is ahead with gold sideways, sideways at best, and I’m looking for yesterday’s risk-off echo to catch up with silver and keep copper in check (the red metal will inspire further action next to oil today).

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Monica Kingsley
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All articles, research and information represent Monica Kingsley’s analysis and opinions based on current and most recent data. Despite careful research and best efforts, it may prove to be inaccurate and is subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or completeness of the data or information reported. Its content is for educational purposes only and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments that are not suitable for every investor. Please remember that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading his articles, you agree that he will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her articles, and may make additional purchases and/or sales in such securities without notice.

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