•Junk debt also makes new 52-week highs. This is excellent for stocks due to high correlations between high-yield bonds and stocks – JNK, HYG
•Trade example – Nike. Ignore everything, especially the earnings reports – NKE
•Natural gas breaks to new 52-week highs. More upside likely. – UNG
•Dollar looks promising as resistance is overcome – UUP, DXY
•Gold could bounce a little, but more likely will keep moving lower – GLD, XAUUSD
•Bitcoin & Ethereum look ominous, as bearish levels are breached – BTC
•Dogecoin bounces towards resistance. Collapse likely – DOGEUSD
•MetaTrader Indicators Now Available!
•Stocks covered in the Elite newsletter https://www.masterchartstrading.com/elite-trading-blog : Gold miners, Copper miners, Biotech, Solar, Utilities, Cannabis, China, Indonesia, Brazil, Baxter, Merck, Pfizer, Tesla, Twitter, Verizon, Walmart
•Stocks covered in the Speculator newsletter https://www.masterchartstrading.com/stock-speculator-blog : Aeri Rx, Anika, Banco Bradesco, BenefitFocus, Exterran, Fluor, GasLog, Greensky, Itau Unibanco, Invesco Mortgage, JetBlue, MSG Network, Puma Biotech, PG&E, Qudian, Teva
Follow me on Twitter, StockTwits, YouTube, TradingView, and FaceBook!
Ready to Trade? Sign-Up Today: https://www.masterchartstrading.com/store/c1/Featured_Products.html
Watch this video on YouTube!