The Daily Drip

Markets review, strategy and analysis

S&P 500 Under Pressure | Distribution Grows, BTC Near $100K Breakdown

The S&P 500 continues to face mounting pressure as another distribution day hits the tape. Breadth is deteriorating, and our Elliott Wave count now targets lower levels in the coming weeks. Meanwhile, Bitcoin continues to follow our script — and now threatens a decisive break below $100K.

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