Market Pulse: Bitcoin Is Pushing 2019 Highs

    269

    Last week, we cited the unusual relative strength in Bitcoin and its decoupling from the S&P 500. Today we want to look at some other patterns.

    Click here to view the related idea and chart analysis on TradingView.

    Advertisement
    Trade in milliseconds

    Explore the most actively traded options

    Trade 600+ futures products on an advanced platform

    Previous articleMarket Pulse: Chips Bouncing at the 50-day SMA
    Next articleCoronavirus High Flier: Tupperware Finds New Life in the Stay-Home Trade
    David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.