Will Support Hold?

Will they hold and what are risk assets telling us?

Apr 17, 2024

∙ Paid

Another very red day. Bonds are up, oil is down, gold is down, crypto is down, and stocks are down. It’s a generalized risk-off day.

We are seeing Bitcoin up against support at 60k, ETH at support at $3k, QQQ and SPY both at fibonacci retracement levels. I’m worried that this sell off has the juice to break through the support, but I’m not taking action …

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