hilomorningbrief

HiLo Morning Brief · Oct 20 — QQQ & SPY Short-Term Recovery (4/4)

In U.S. equities, both QQQ and SPY pulled back after moving higher. The current action looks more like a short-term recovery following last week's sharp selloff, and prices may continue to consolidate above 700. Please refer to yesterday's chart analysis.

For now, watch support and the strength of the recovery before calling direction.

#HiLoMorningBrief #QQQ #TradFi #Stocks

HiLo Morning Brief · Oct 19 — BTC Holds 80K Support (1/4)

Good morning! Friday's sharp selloff in US equities pulled crypto lower over the weekend. Apart from BTC, most major coins made new lows for this correction. Prices began to stabilize early Monday, though a fresh batch of hourly lows may still appear.

BTC has tested ~80K several times this past week without extending lower, while low signals are showing up more often. The market looks to be searching for a near-term bottom.

Key levels: resistance near 83K and the descending blue trendline; support near 80K. This week's focus: can a local rebound take shape?

#HiLoMorningBrief $BTC #Bitcoin #CryptoMarket