GM... Market Briefing! โ๐
๐ Outlook (UTC 0)
๐ 00:00 - 03:00 ๐ด Chill, slight red
๐ 04:00 - 08:00 ๐ข Green โ On Friday, RRP went up, so I predicted Chinaโs RRP would drop. Instead, PBOC injected half a trillion without withdrawing. ๐คฏ Could they have known in advance that US RRP would drop below $100B on Monday night? Thatโs why I expect this session to stay green. Still testing this theoryโPBOC seems to predict US RRP movements.
๐ 09:00 - 11:00 ๐ด Red again
๐ 12:00 - 15:00 ๐ข Green โ Housing Starts up, but DXY drops. NAHBโs decline yesterday was the key to DXYโs crash despite weak retail sales. US recognising Crimea & Russian-occupied Ukraine ensures oil prices will dropโRussia is the worldโs 3rd largest oil exporter. ๐ข๏ธ๐
๐ 15:00 - 17:00 ๐ด Jane Street doing their thing ๐
๐ 17:00 - 00:00 ๐ข Green again, RRP dropping further ๐ธ
๐จ Be careful with longs! No idea what Trump might say. ๐๏ธ๐
๐ Indicators & Bitcoin Outlook
โ
MACD flipped positive
โ
RSI neutral (50), looking upwards
โ
Bitcoin closed green โ Retail sales up, DXY down as predicted
โ
NAHB drop = Money still stuck in housing supply
โ
RRP below $100B = Liquidity pulled from there โ Bitcoin pumped to $84.5K+ ๐
Nice setup! Let's see how it plays out. ๐ฅ
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source: @hoteliercrypto