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### BTZ2024 ### Classic Technical Analysis: In terms of conventional technical analysis, BTC remains in an Elliott structure with a minor wave 5 finished and a major wave 3 ongoing. The context is strongly bullish. ### COT: The progression of contracts nearing expiration is at a premium. The 12-month COT is in a positive program and in positive hedging. ### Market sentiment: In general, retail news is bullish following the FED's rate cut and in response to the US elections, although with some moderation. The Williams %R remains in oversold territory and avoids a bearish divergence. ### Intermarket Analysis: The NQ has had an upward movement with a positive close. The ES has had a negative reversal and the YM a downward movement with a negative close. The 3 bonds, ZN, ZF, and ZB, show a downward movement and negative close, with the ZB showing greater weakness. They will likely go to bearish liquidity. The interests show an inverse movement with strength in the 30-year bond. The DYX maintains strength by rejecting a bearish FVG with a positive movement close. The EUR and GBP have had a bearish week with a negative close in the former. BTC shows a bar with bearish liquidity taking and a positive close. In commodities, GC has a bar with bullish liquidity taking and rejection. CL has a bar of upward movement in a long consolidation. In conclusion, we have strength in the NQ, but weakness in the other two indices. The DYX maintains strength with weakness in peripheral currencies. BTC will likely retest highs. GC shows renewed weakness at the end of a trend. CL is in a long consolidation. ### Market Profile: The market is currently bullish. It needs to keep moving significantly away from the all-time high to continue this movement. ### Weekly Objective: 111572, major wave 3 and QS objective.