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Bitcoin’s Fills CME Gap, $2.46 B Worth of BTC & ETH Options Expire Today
Bitcoin had a very bullish day yesterday, rising by $7,300 in a single day to fill the CME gap. Today there are ~ $2.5 billion worth of BTC and ETH options contracts expiring. Traders are likely taking profit after yesterday’s strong rally, and we are starting to see some red today. I think there will […]Read More
NASDAQ, S&P Rebound from Lower End of the Trading Range
The NASDAQ has formed a bullish rebound from the lower end of this wedge pattern. QQQ was oversold after the flash crash, and dropped below the lower end of the wedge due to the crash. There has been a rebound forming over the past week, and yesterday the NASDAQ and S&P had a very bullish […]Read More
NVDA Likely to Rally Into Upcoming Earnings
Nvidia has formed a strong rebound since the recent flash crash. There is an upcoming earnings announcement on August 28. NVDA has a strong bullish seasonality trend that starts from August 19 to August 29. I think there is likely to be a rally headed into earnings. We have seen NVDA consistently rally before and […]Read More