Market Summary And I Just Made These Long Entries.

One trade includes at 14/1 RRR, a new record!

Traders,

As you know, I missed the weekend video update. But not much has changed. The bottom line up front is that the dollar is still on its way down. No surprises there. The VIX is at an all-time low which will aid to continue stocks in making their predicted blow-off top this summer. Gold, which reps precious metals and commodities, continues its ascent. NVDA is sideways with more downside eventually expected but it is unknown when, maybe not for a while. And Bitcoin (chart below) remains in that bullish descending wedge with upside resistance provided by our multi-year TL.

I am still entering long alts as they have held their own more recently and many have simply remained in a sideways accumulation stage. Though, many traders have become exhausted with my first trade entry, I am pretty excited. This one has remained near oversold for nearly a month. The risk-reward ratio I have on it is 14 to 1! That has got to be a new record. I do have a fairly tight stop but that is because of all that sideways price action confirming solid support here. We have the potential to nearly 3x our investment from this point! Check out the chart below…