Dec '25 • General discussion
Monday Market Update
Everyone,
I hope you all had a wonderful Christmas. A lot is happening in the markets today, and a lot of predictions are being made in the market concerning next year. But the truth is, A LOT can happen in a week. We don't want to predict, but we do want to play out possibilities and probabilities and simply let the market tell us what it wants to do.
With that said, I wanted to make a quick post for you all.
First up, the DXY is moving upward, and it looks like everything else is going down against it today. Nothing big, except for, GOLD (image 1)
Looks like we are getting an aggressive pullback today. And where did it pull back to? You got it, prior resistance now turned support. Any one in here trading this chart? What is your plan? Are you dollar cost averaging for a longer play or are you trading shorter time frames?
Next up, good old Bitcoin (image 2). With it not dropping as violently as expected, all I can say is what I have been saying. This time really is different. As of today, it is at the same price it was a year ago. Meaning it's pretty much moved sideways in this super accumulation zone. I don't see it dropping below the yellow line ($74k-ish). Of course I could be wrong, but the longer it stays above it the more likely it will not drop below it. Time will tell. Anyone in here trading BTC or are you all out of the crypto markets for now?
Lastly, DG (image 3) mainly because this was such a great performer the last month. This stock has done beautifully. I expect it to cool down at this point as it now meeting resistance while also being oversold. As always, the markets can stay irrational longer than we can stay solvent, so beware. BUT the probabilities are high that we would get a pull back on this beauty.
God bless, and have a wonderful day! We'll see you all in the new year.
2
2 comments
Monday Market Update
skool.com/everyday
A community that builds wealth through swing trading. Learn to trade, manage your resources wisely, and increase your wealth.
Leaderboard (30-day)
1
+1
Powered by