Intraday Market Thoughts

That time of the year

by Ashraf Laidi
Dec 20, 2021 18:36

Since you're aware of the #SantaRally statistics of the past 15 years mentioned in my tweet last week, does it mean we're set for a rally in indices as well as Bitcoin and Ethereum? Or maybe you do not care about #BTC as long as you have winners such as Terra (up 10% today in a sea of crypto red). I updated my WhatsApp Broadcast Group on the latest technicals on the VVIX/VIX (here is how to read/interpret VVIX/VIX) to back my assessment of the 3 major indices. We must closely watch key trendline support levels on the 10-year yield at 1.33-34%. From a moving average standpoint, here are some common points of interest for cryptos and indices.   

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That time of the year - Bitcoin And Indices Mas Dec 20 2021 (Chart 1)

 
 

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