Market Notes:
The Fed continues to maneuver to support the markets. The VIX continues to fall nearing 30 in a positive sign for the bulls.
Oil keeps moving up, also a good sign for the bulls.
Markets opened up yesterday and held the gains most of the day but slipped right near the close, you can pick a reason if you want but there was no major event driving the selling.
Bitcoin is holding above $9,000 this morning as Argentina is slipping into crisis. Still watching for a breakout above $10,500 before I buy again.
Futures are positive this morning, I'm still bullish. Always ready to have my mind changed.
Watchlist:
LPTH is a multi-day lowish float runner, resistance at $2.60
TORC is a lowish float, watching for a setup above $1.80
NLS is a lowish float in consolidation, watching for a breakout above $6.75ish
PRTS another lowish float, resistance is at $3.75
CWBR is moving on light volume with COVID-19 news, watching for a setup above $4
VRML on watch for a continuation
MVIS still going crazy on with rumors flying, key resistance in the $1.80s
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