The information and insights are based on my knowledge; don’t take it as financial advice.
Summary
The stock market tumbles 22% from its high and starts anticipated recession
Bitcoin holds up strong.
Altcoin market cap breaks below neck line of its Cup and Handle pattern.
The dollar continues its decline after a strong rejection at high time frame (HTF) Fibonacci resistance.
Economic Calendar
Apr-11, 12:30 UTC:
PPI | Forecast 0.1| Previous 0.0
Apr-10, 12:30 UTC:
(Core) Inflation Rate | Forecast (0.3) 0.2 | Previous 0.2
Key Metrics
Current status 100% Winning strategy: 🔵—> ALL-IN
a weekly candle close below $74.8k would flash the black signal.
10Y-2Y Yield Spread is well above zero
market top before recession has been printed.