Welcome to June! Today we kick off a short week with plenty of activity.
Crypto was boring over the long weekend… Today I’m watching for Bitcoin to hold its 200 day moving average. A breakdown below this level would be a strong sign the bull run is over. I’m still a long-term bitcoin bull.
A few events to notes this week:
- ZM reports earnings after the close today. This pandemic play could give us some clues about the future of work from home.
- The S&P 500 is near all time highs. A breakout appears imminent.
- May jobs reports come out the Friday.
Futures are up. I’m willing to go risk on for an A+ setup.
OTC (on watch, no levels):
HTZGQ, GGII, HMBL, ABML, AABB, TAWNF, GMER