BITCOIN at 7150. Do we see a rally? Comments on today's DOW JONES and Precious Metals as the week begins.

Good morning Steemian friends.

With BTC at 7150 I believe a bounce is in order, but not much unfortunately. The latest sentiment indicators are really no better than at 8500. But stranger things have happened. While I would NOT buy here for a "bounce" BTC is a hold. It'll look interesting at 6800 and at that point maybe enough will "throw in the towel" to make things interesting. I just do not see a solid bottom yet.

Ethereum above looks no better. Sentiment here bearish as well as there are not a lot of neg. sentiment around.

Steem has some support at about 2.30 as well but the scenario is the same as its two sisters above. It may have to visit 2.00.

The DOW JONES set to open lower (see the chart below)

It may open below 24,600 as futures as I write are down almost 200. I see a rally here! Though I'm long term negative I would NOT be short this market. And the rally to the upside could be surprising. In fact sentiment is becoming bullish in the stock indices.

We love the metals. We are in the seasonally poor time of year, but that ends soon. We've had a dollar wanting to act strongly, and that will end shortly. I hope you are loading up the truck. Just look how they can't take down silver and gold. The fall should be exciting, indeed.

Thanks! And please do your own due diligence.....UPVOTE-FOLLOW-RESTEEM