If Crypto Has Been Leading Risk-On...
I've been fascinated just how well crypto has been front-running investor sentiment to take risk on over the last year or so. Basically you can make money trading the index futures on the long or short side based on what crypto is doing 12 hours before. Not sure how much longer this will last, but trying to take full advantage of it.
I'm seeing Bitcoin get back to the 50 day moving average here after completing what looks like a double bottom and DeMARK exhaustion (TDST held at the lows)
Now, 41K is holding trend line support and our proprietary trend model on the 240M charts.
If Bitcoin starts to hold up here, I would using that as lean on stocks.