SUNDAY UPDATE: CAN ANYTHING MAKE OIL & CRYPTO MOVE THIS WEEK?

“What crude oil & crypto feel like right now!”

Can anything make any of this stuff move this week? … I’m guessing no it can’t,

so outside of Cable & maybe the “Tulip Bulb 30” manipulation providing a spark, I

don’t see any hope for either crypto or oil to move this week with New Year’s Day

on Wednesday …of course now that I’ve said this, look for explosives moves all

week.

Directly below, WTI Crude Oil 20 Day Range MA for the upcoming week.

click on ANY chart to enlarge

Directly below, the U.S. Dollar crypto pairs.

Directly below, the BTC crosses.

While BTC is stable around $300 [kinda, it’s going lower though], everything else

is getting “monkey hammered” lower. Oil in particular at $1, is really a come down

from where it was weeks earlier … it needs to be at least at around or above $1.50,

and we are nowhere near that … if you look at the VIX MATRIX TABLE over on

traderzoogold, you can clearly see that NONE of the BTC crosses is worth trading

… just simply way too expensive in terms of trading cost relative to its 20 Day

Range MA … unless you get lucky, there’s no way to win trading any of these

intraday, and carrying a crypto position is super expensive via “vig” … until

tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas