“What’s the purpose of a market!?”
BTC finally gets “washed out” today on the downside, as word has it some
ChiCom finally got flushed … from there it was straight up about $500 per BTC
… and yes, the crypto algorithm caught about $150 of that with 2 great buy
signals.
The other news story of the day is oil VIX … we’re at 9 month lows, and it feels
like the market died … talk about slow crawls, I don’t want to sit in any position
for hours on end to make 15 cents per barrel … come Sunday’s blog update,
crude is likely to see the 20 Day Range MA get smacked lower … until this stuff
picks up, I don’t recommend trading it … we need to see at least $1.50 New York
ranges to make some good coin from trading oil … getting 50 cents or so ain’t
gonna cut it … until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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