HomeMarketsFuturesGareth Soloway on INTU Earnings & Bitcoin's Decline

Gareth Soloway on INTU Earnings & Bitcoin's Decline

Intuit (INTU) is chopping in between a couple of resistance zones, notes Gareth Soloway. He talks about how if INTU breaks through there is more upside. INTU reports earnings after the close. he then breaks down bitcoin's (/BTC) decline. He highlights that its fall below $28K now positions it at a pivotal juncture and a breach of $20K support could pave the way for a test of the 52-week lows. He then goes over how he thinks that the market has more downside potential than upside. He mentions that gold is continuing to hold its place and actually grind up, so that's telling him that money is rotating into gold. Tune in to find out more about the stock market today.

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24 Aug 2023

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