Quick 2 minute video outlook for the week. Stocks have gone from overbought to oversold in a very short period of time after putting in their best 5 day performance of the year. Look for a 1-3 day pullback in stocks before the rally continues.
The dollar had a major break down last week. Expect it to retest the breakdown level before it continues lower.
Finally, crypto. It is going to be a critical week. Watch the price action closely it should tell us how the rest of the year will go. I wouldn’t be surprised to see some news come out this week surrounding the ETF. Remember, we are now one year out from the FTX collapse and two years out from the 2021 top so be on watch for a major inflection point. I have Friday November 10, as a key date to watch highlighted here on the chart by the vertical line.
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