I've anticipated sideways price action for a month.
This continues as my intermediate outlook (months) has shifted from bullish to neutral as Bitcoin lost $56,000 and stocks appear as if they need time to improve.
The Analysts here at All Star Charts were discussing Natural Gas in a recent analyst meeting, and the feeling is that 'ol Natty might be putting in a bottom and ready to reverse higher.
It's certainly got me in the mood to 'F around and find out...
We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to...
With yesterday's market action firing, potentially, another warning shot that Q4 trading will be challenging, I'm on the hunt for opportunities that may be a bit more uncorrelated to the risk I currently have on the books.
Crypto markets have been trending lower and I have purposefully been putting on very few trades. I think this is the best approach for now while the market sets up.
View this as a positive thing, because while many are losing money and getting...