Bitcoin markets rallied initially during trading on Tuesday but ran into trouble at the downtrend line yet again.
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The US dollar initially tried to rally during the trading session on Tuesday but rolled over at the ¥109 level to form a bit of a shooting star.
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The WTI Crude Oil market rallied significantly during the trading session on Tuesday, slamming into the $50 level.
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The S&P 500 rallied a bit during the trading session on Wednesday, reaching towards the major resistance barrier that was previous support hovering around the 2600 level.
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The Euro rallied significantly on Monday, as we are starting to see more of a “risk on” attitude to the markets, especially as Jerome Powell suggested that perhaps the Federal Reserve may be a bit more relaxed about raising rates.
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Bitcoin markets rallied a bit during the day on Friday, reaching towards the downtrend line.
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The WTI Crude Oil market initially tried to rally during the day on Monday, but you can see that we have ran into a lot of resistance at the downtrend line, something that does in fact suggest that we are ready to roll over again.
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