Keep a close eye on this breakout!

#fear #vix #dxy #dollar #us10y #us02y #us500 #bitcoin #crypto

stewdamus

Feb 21, 2023

Traders,

Keep a close eye on this breakout on our fear index. So far, nothing significant has followed to the same level of price movement: the dollar is still under its macro-uptrend resistance, the US500 is still using its macro-uptrend for support logarithmically, and the US10yr/US2yr remains under resistance.

But we want to track this closely to find out the legitimacy of this spike in fear. Confirmation can be had if one of the indicators mentioned above follows and breaks its support/resistance (see yesterday's video for more).

Best,
Stew

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Yesterday’s Post:

Stewdamus' Chart Analysis & Trade Alerts

Two Big Indicators to Watch This Week

Traders, There are two cautionary indicators that I want you to be aware of and to watch closely this week. One of them has to do with U.S. treasuries which lead our dollar strength/weakness. The other has to do with the 200 week moving average on the Bitcoin chart. Let's dive in and take a look at these two very important lead indicators…

9 months ago · stewdamus

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