Bitcoin - Capitulation Soon

Bitcoin is flirting with a breakdown below support.  The decline that began in December is nearly complete.

Capitulation is likely to occur soon with a lower low than February.

Daily Bitcoin

SVXY - Short Term Targets

SVXY is declining towards short term support.  A trading range has established in the $11 to $13 range, and that is expected to continue into May.

Overhead horizontal resistance has been identified.

30min Chart

SPX - Calm Seas and Smooth Sailing Ahead

SPX has likely completed the volatile first leg down, and calmer markets are ahead in March and April.   

The SPX model shows a slow and steady grind up next.  Dips should be relatively minor as the model predicts a relentless grind higher.  The next several weeks look relatively flat as SPX builds a solid base.

60min Chart

SPX 2018 Model: