Good morning STB!
How do you arrest 90% of the people in power? You don’t. They walk, and hopefully don’t become even more emboldened. Clawed, moltbot and especially moltbook are something you need to look into if you’re unaware. AI has taken the next leap. It’s coming really fast now. What could go wrong with technology that wants to escape and eliminate humans?
Good v evil
On to the lie -
Minis off 47. Price has a legit shot at taking out 50dma and terminal rising wedge support. 100dma is near 6800, so if things get a little crazy today, that’s a legit possibility. We liked 6700 before 7200. No definable patterns down yet. Told ya about bitcoin’s 65000 to 60000 target range a while ago. Top to bottom of the channel. UST10 held support, now needs to take out the last high to complete its march to the 4.35 IHnS target. That would also near a rising channel target, but around 4.45 is another potential target. Our call on rising bond yields is on target so far. USD is back in its support range but will face resistance at the 50dma and 200dma around 98.50. USD weekly chart is sort of scary if a HnS setup completes. LT Falling channel support becomes HnS neckline that targets 85. As noted, I can still work my craft very well in down trends. All we need is an eye of newt and the brew will be complete.
Have a good day.
GL and GB!
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