BTC is trading near the range highs. All scenario's are drawn for each important daily level. If the price manages to break through the highest price level(68339), the probability of a new all time high is skyrockets. If the price goes down from here, there are 2 other levels that can protect the price from making a new low.
SPX is currently trading in an all time high zone. The price could continue to pump, but a period of cooling off would not be strange. There are 2 levels that protect the price from making a 15% decline. Even if the price makes this 15% decline, it would just back test it's previous all time high. This is a very common thing and should not worry anyone, this would be a great opportunity.
The DXY is at its lowest point since more than a year. It is also trading around a very important level. If this level holds the price, this should result in a big trend shift for all forex pairs against the Dollar for probably a longer period. If this level breaks, the DXY goes to levels that we have not seen in almost 3 years. This would indicate a very weak Dollar and probably brings world wide economical troubles.
The Gold price is also trading in it's all time high territory. A weaker Dollar gives more strength to Gold. So keep in mind that if the DXY reverses up from the important level, that Gold will probably cool off a bit which gives new opportunity's. There are 2 price levels of interest, One would be a nice back test which keeps the daily trend in tact and should give the price a chance to make a new all time high. The lower level, if reached, would probably result in a longer time of consolidation before a new breakout(up or down) appears.
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