Financial Survival Network

Kerry sits down with Michael Moor of https://mooranlytics.com to analyze key market trends and investment strategies. Download the charts using by clicking here. Gold: The market has turned bearish after a peak at $2,560. Michael highlights critical price levels to watch for a potential shift in outlook. S&P 500: Holding firm at a macro exhaustion level of 3,502, the S&P 500 shows bullish potential with further gains possible if key formations are surpassed. Bitcoin: After hitting a recent high of $108,960, Michael advises caution due to potential bearish corrections if prices dip below crucial support. Long-term, however, the outlook remains bullish. He also explores the benefits of mini and micro futures as accessible options for Bitcoin trading, emphasizing the importance of technical analysis over fundamental analysis. Crude Oil: A bullish breakout above $68.85 signals potential strength, but Michael predicts a decline in energy prices due to increased domestic production. The discussion also to