market update

quick one.

nothing much has changed since the last update.

views remain the same.

the noise: this week is heavy on news flow and earnings. this creates sideways PA. it gives the illusion of a rollover, making everyone eager to short.

once news flow (is good) and out of the way market will show its true direction.

expecting a couple of weeks of fireworks once we clear this hurdle.

along with the alts mentioned in the last update some of which have pumped we have the likes of

DOGE is showing real signs of life here. which is good sign of animal spirits in the market.

all systems still green.

risk/reward remains skewed to the upside. invalidation levels are clean if the news/earning delivers a nasty surprise.

heres how the system playing it.

MTF on BTC
MTF on ETH

see you in the next one.

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