The market stopped freaking out about tapering after Powell came out rather dovish. He said inflation doesn’t matter and he’ll print as much money as he wants for as long as he wants. Exactly what he’s been saying all along. The market accepted his coddling and marched higher.
Afghanistan is still a mess. A hurricane hit the gulf coast. I don’t expect any effects from those events to spill over into the market.
Bitcoin is holding near $50,000 as the range narrows. The golden cross still appears imminent.
I remain risk off baring the perfect setup.
*GAMB is on watch
*DATS has support at $8.50
*ADIL has support at $4
BBIG is on watch
PXLW watching for a setup above $7
BTU has support at $15
DVAX has support at $18
HUT has support at $7.25
OTC (on watch, no levels):
PBYA, RGBP, DPLS, ILUS, NSAV, OZSC, TPTW, LCLP, APLD