Market Notes:
Bitcoin is showing positive signs as it bounces off the 200 day moving average. Stonks are going down…
I’m watching for a rotation of risk on cash into crypto. That’s what happened in earlier in the year and history tends to repeat itself.
Markets are still chopping around near record highs. But volume and volatility in the broader market are light.
With meme stocks crashing I’ll be risk off today barring a perfect A+ setup.
Watchlist:
*MDLY is on watch
*AEMD is on watch
*BBIG has resistance at $6
WTER has resistance at $1.70
PRTY has support at $10
CXW has support at $10
ZIVO is on watch
IVR has resistance at $4.50
CCO has support at $2.60
OTC (on watch, no levels):
HTZGQ, GGII, HMBL, ABML, ENZC, RECAF, LWLG, MJWL, TAWNF
