Tech flinches

Alphabet & NVIDIA headwinds

Good short and tidy week next week with highlights Tuesday evening and Wednesday being the focus. Thursday and Friday will be dull with the US Thanksgiving market holiday. 

Crypto

Bitcoin in CME futures Z and F has already hit $100k. I am pretty puzzled why more people have not been talking about this. With this moniker target accomplished, then the market tendency is to think we can take a break and sell down from here. I'm going the other way and I see BTC rallying further in the fibonacci extension sequence to 161.8% from the swing in the chart below. There is going to be so much selling interest at 100k, that I think the sophisticated money is going to take that liquidity and use it to drive higher and higher.