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Road Kill

by | Dec 20, 2019 | Daily Note | 0 comments

  • This action fits the personality of the fifth and final up wave
  • A year ago the downside action fit the personality of the fifth wave down
  • Sentiment is the opposite of last year 
  • The Smart Money Flow Index could start to turn lower soon and that's bearish
  • The 2/10 yield spread is steepening after inversion which has seen recessions follow
  • I still think Bitcoin can move higher from here
  • Natural Gas is in no man's land and needs to do a little more work to be a long 
  • Have a great weekend
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