Evening Hammers

By -

Greetings from my family room sofa. I’m being quite the pest, aren’t I? But these markets are very exciting recently. I want you to take careful note of the hammer bars being formed in crypto at this very moment:

Ethereum
Bitcoin

The last time this happened (assuming they stick) was back on May 12th, a crucial market bottom for equities, particularly for the small caps. Unless the PPI spoils the party, this could set up things nicely for a big rally!