Market Notes:
The close below support didn’t trigger a massive sell-off instead the dip buyers can out in force to move prices back up. But the volume wasn’t huge and retail didn’t buy as much as it has in recent dips.
As long as the Fed is buying any mixed signals favors the bulls IMO.
It’s worth noting energy stocks are showing up more than any other industry on recent scans.
Bitcoin continues to hold its ground above the important moving averages. Though the $50,000 level has proved problematic. I remain bullish on crypto.
Another risk off day for me.
Watchlist:
*JCS is on watch
*EZFL watching for a setup above $5
CEI has resistance at $1.80
SD watching for a setup above $12
GRTS has resistance at $13
LPTX is on watch
UROY is on watch
ISEE watching for a setup above $16.50
UEC has support at $3.60
AR has support at $17
OTC (on watch, no levels):
SRUUF, ILUS, ISWH, PALAF, HRAA, PSRU, SWRM, ENZC
