Weekend Market Report: StatsEdgeTrading

Bounce time?

Crypto up, Stocks down

Bitcoin continues it’s rally this week. Getting it a little overextended here so I a watching for a pullback or base to add back to my long position.

AVWAP support in stocks.

The SPY 0.00%↑ has pulled back to the AVWAP from the lows of the bear market. This is an important area to defend next week. I personally need this area to hold ot start adding back to stock positions.

Tech Strength

The technology sector XLK 0.00%↑ is looking much better than the overall market. and could just be a long-term bull flag.

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