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U.S. Dollar Index staying below 99 looks inevitable.
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👀 what’s the next big shot?
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Gold gains +1.5% to $3,280. (Bitcoin and gold have shown a strong negative correlation since April 21.)
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5/19 Pre-Market - Bitcoin down -3,2% to 103,000 - DXY down -0.7% to 100.1 - SPX down -1.1% - Nasdaq down -1.5% - VIX jumps +13% to 19.5% - US 10-Year Treasury and 30-Year Treasury gain +2.5% to 4.55% and 5.02%
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Noticing short-term risk, consider cutting leverage or staying put.
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Following positive news about US-China trade talks, Nasdaq 100 futures + 2% Gold -1.9% Bitcoin +1.3% (Over the weekend)
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