Not much happening on btc , we are still flat at the top of the move. Still expect a tap into 22,000 before a correction below 20k
On egld, I'm thinking we may see a tap into the FVG at 43 before a correction to 37.
Though everything in the Crypto market is now expecting spx to make a move, since yesterday markets were closed (MLK day)
That being said, I see VIX is in a 3D support zone, IMHO. Which means a big move on spx is incoming.
And, with SPX sitting neatly into it's bear-market trendline, there are 3 scenarios: 1) fake-out, then lower lows
2) straight-up rejection here, and I believe we return at least to the mid-line of the parallel channel there, our fate will be decided 🔮
3) we get a real break-out, in which case I think spx will go to at least 4,100
As always, I'd love to hear your opinion in the comment and a RT of this would be dope 🔥
Urus1369 on TwitterThis post is based on this twitter thread.