After becoming overbought Bitcoin has stumbled and is rangebound. Point & Figure horizontal counting technique can estimate the downside potential. The NASDAQ Composite has been in an upward trend for more than a year. There are signs of this trend slowing. Could this trend be about done? With the announcement of the overheated Consumer Price Index for April the CRB Index is compared. Concluding with a 40 year historical study of three IPO booms.
Symbols: $BTCUSD $COMPQ $CRB $LUMBER $SPX UUP $NDX FPX IPO
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