The Week Ahead - Index Look

$DIA $SPY $QQQ $IWM $BTC

Small caps = mess

Dow 30 = Broken

SPY/QQQ = On deck?

The AVWAP’s from election serve as important markers for gauging where things over the near-term. SPY 0.00%↑ and QQQ 0.00%↑ look poised to revisit the levels that the DIA 0.00%↑ and IWM 0.00%↑ already broke. That’s a risk off enviroment to me over the short term.

Keep an eye on the $BTC monthly chart as well -

A close above January levels would be a small win, but perhaps this is the week it takes out those levels on a move towards the 200 day moving average I’ve posted about (~$81K)