Bitcoin futures keep getting rejected below a key level, and one trader on the desk thinks that quiet pattern is setting up a move higher as short interest piles in. He walks the chart, the thin call skew in the options, and why the contrarian read points up.
Plus the rally in old-guard names like IBM, Intel and Dell, how to tell real staying power from AI hype, and where gold and the IBIT setup fit in. Keep it simple and let the levels do the talking.
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Chapters
00:00 Peter Resnicek joins from ShadowTrader
00:40 Bullish bias: downside activity is muted
01:03 Sector rotation holding the market up
01:59 How Peter is positioning: short calls and spreads
03:15 SanDisk, Micron, Intel: AI boom or real rally?
03:55 Which old-guard names actually have st...