Update to Analysis
Bulls beware
In yesterdays analysis I sounded very bullish, because I am.
Yet, it doesnt mean I would enter the market right now.
I am well positioned in Crypto, Small caps and Consumer discretionary (especially AMZN, HD and TSLA).
However I would not call this a great Risk / Reward opportunitiy right now:
Many stocks and crypto currencies are extended and it would be very short term to try and play them here, on top of that many breakouts failed last week, including BTC.
This doesn´t mean we will see a correction, but we should wait for proper setups, and I am having a hard time finding them this weekend.