Legacy markets bullish opening
Futures market for E-Mini S&P, E-Mini DJI and E-Mini US100 opened with a bullish signal indicating potential upside for the week ahead.
With DXY loosing strength and a strong negative correlation to BTC I am expecting that BTCUSD will find support with little resistance to return to the 10.5K area.
Interestingly XAU is in a small downtrend while BTC was able to regain some value quicker, a potential indicator that speculators are betting more on BTC.
With DXY loosing strength and a strong negative correlation to BTC I am expecting that BTCUSD will find support with little resistance to return to the 10.5K area.
Interestingly XAU is in a small downtrend while BTC was able to regain some value quicker, a potential indicator that speculators are betting more on BTC.
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