Discover more from Investor Charts / P1 Analytics
Morning Brief - Front-running rates via energy and Crypto names about to rally, hard.
SPX medium term upside is still to the TDST level at around 4120 on the cash index
30-year treasury bonds are still in active TD 13 sequential / combo bottom, which should be supportive of a bull move in the markets as CPI starts to soften over the the coming months
I am expecting energy to start to show signs of weakness if rates are front running weaker inflation, we are getting a 13 combo again on XLE as of today's close. Very important IMO.
I am very bullish on Bitcoin here in the short run against the recent swing lows. Classic 13's into TD risk levels across the board
Looking to buy some RBLX vs 31
Also going to add to MARA because of the 9-13-9 buy.
TLDR: Bitcoin/Crypto names have the cleanest DeMARK setups and best risk-reward profiles, period.