ROWPartners

$ETH is trailing $BTC, which is what most expect
Both Crypto are facing resistance from the lower end of the GAP, purple hyphen lines
Lagging we have:
$XRP which looks a bit better than $SOL
Again, expected by most

$NDX ANOTHER all time high
Most of these moves have been due to semis
$SOX $SMH
OVERBOUGHT but in BULL markets you cannot fight momentum

1/2
We changed our stance on Bitcoin in Feb when most influencers threw the towel in = +
Those 2 days showed signs of capitulation = +
Then noticed a lack of sellers = +
Held that level couple months = +
Moving avgs trended higher = +
BUYS came in = +
Crypto $BTC BTC

To add to the last post on $VIX
Brought to our attention
THIS IS INTRADAY & need to see the close & volume
$DJI & $SPX bearish engulfing
$MID & $RUT forming reversals
Cautious Bull...
As stated before...
Consolidation before next move would be a PLUS

$VIX 1HR forming Inverse Head & Shoulder
$SPX could use a small pullback before going higher
BUT, if momentum = strong may not see much selling
4HR $SPY not showing much
HOWEVER
The 1HR shows $ flow & buy volume lessening
Since late March dips have been bought though!!!

$VIX 1HR
Could use a small pullback before $SPX goes higher
BUT, if momentum is strong may not see much of a pullback
4HR $SPY not showing much
HOWEVER
1HR shows $ flow lessening & buy volume lessening
Since late March dips have been bought though!!!

Going to keep making the same claim
It's good to see the $BTC BUYS coming in
If we get another Green Bitcoin BUY week = 4
3 has normally been a good catalyst
BTC is leading the pack in PRICE BUT look at the $ETH buying since the lows!

Some BEATEN down Software names & showing "clean" charts with a Fibonacci
$CRM
$NOW
Both have gap ups, Service Now = 3, that may get filled
Of course, this FIB sequence only matters IF this is the bottom

$USAR provided a steal sub $17+ which is the cost basis for the US Govt
We bought $USGG alongside as the "trade" position
Looking for 2x-3x
If things keep going the same way then there's no reason it can't test the 21 then the high 20's - low 30s

$DJI red
$NDX Closing in on ATH
$SOX red
$SPX testing ATH
Nothing⬇️or⬆️up
Sure, there's a TON of reason to be a bear, this has been the case since 2008
BUT, as we've said for years, MARKETS TRADE DON'T TRADE as most think
IMO nowhere else can you make $ vs inflation fast

$BTC couldn't hold above Yellow Line
Daily resistance = far too strong
IF Bitcoin is going to break out it must be soon
BTC momentum is certainly there
Weekly there's a GAP, RARE, so IMO FILL is in order
Wouldn't be surprised if the BLUE Moving Avg is there when it does
Crypto

We turned neutral & then bullish at the end of March
$DJI $NDX $SPX Broke downtrend days ago
Volume is NOT great but good enough
Keep eye on oversold levels
Taking more Leveraged ETF's off
$TQ $SPYU $UDOW
Have sold some leveraged individual stocks like
$RIOX $CRWG $CLSX

1/2
We're more Bullish on Bitcoin
$BTC
Buy volume isn't heavy but sells not around
(Needs to be heavy on BREAKOUT)
Over 2 Months to base
$ Flow is good
RSI highest in months
Moving avg made HIGHER low
Bullish crossovers
BTC is making a STRONG CASE for Crypto

When $btc first hit that 60karea it looks scary
Then made a brave call around 65k
Traded it a bit but held the original stash
Then we bought sub 68k
Bitcoin has been looking better and better & it's been about 3 months

Big Daddy is leading again
$BTC > $ETH > $SOL > $XRP
Crypto Bitcoin Ethereum Solana

Volume is not great but it is still holiday
$DJI $NSX $SPX
Stocks

🚨🚨🚨
$VIX BREAKING DOWNTREND
Stocks making push, let's see where indices close

Being that we have 3x and 2x leverage we are taking some things off the table...
Why?
$DJI $NDX $SPX
Also... see the NEXT post...

Tomorrow tends to be Tank Thursday
+
$VIX is at the trendline
Opinion
Being that we have 3x & 3X longs bought last week we are taking risk off the table
Will see how the rest of the day goes
Breaks the trendline = BOTTOM is IN

$VIX shows negativity for indices
However, 1Hr charts formed the Inverse Head & Shoulder pattern we spoke about recently
$DIA & $IWM are showing more strength, higher right shoulders, than $Q & $SPY
$DJI $NDX $SPX $RUT
Still think it's strange that small caps stronger