BEARISH SENTIMENT = BULLISH FUEL? | Stocks Surge, Crypto Awaits Breakout
Markets review, strategy and analysis
In today’s video, I discuss how bearish sentiment may be fueling the next leg higher in the equity markets. Despite consistent doubt from the crowd, SP500 and IWM continue to maintain strong bullish structures. Today's high-volume buying adds confidence to the trend.
On the crypto side, Bitcoin (BTC) and Ethereum (ETH) are finding support again but must break above key levels to confirm a new leg higher. I also explore alternate Elliott Wave counts on SP500 and share why small caps (IWM) remain a strong technical setup in this environment.
📊 Highlights:
Sentiment vs. Price: What happens when everyone is bearish
SP500 alternate wave structures
High-volume confirmation of trend
Crypto key levels: BTC & ETH outlook
IWM’s bullish formation & why I’m still long
If you’re new to Elliott Wave or need to refresh, there is a 7-hour video course with downloadable slides under EW Course tab on the website.
You can find it HERE.
Cris,
EWCafe