With the FED hiking interest rates soon and the taper tantrum that is coming, now would be the perfect time to continue downwards momentum.
1. Potential war
2. Pandemic continuation
3. Inflation rapidly increasing
It looks to me like 67-69k WAS in fact the top, but the market has been indecisive. The world is going up into flames and that will end up being the deciding factor in what triggers potentially one of the worst bear market we will ever experience.
1. Potential war
2. Pandemic continuation
3. Inflation rapidly increasing
It looks to me like 67-69k WAS in fact the top, but the market has been indecisive. The world is going up into flames and that will end up being the deciding factor in what triggers potentially one of the worst bear market we will ever experience.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.