Either we hold the SMMA 200 and bounce on it like in February or we go for the last emergency support at $4100.
If we break this major support, there is nothing holding us back between $3750 and $3900.
GAFAM results are well below expectations and inflation is becoming more and more present.
CBs have 2 choices:
1. Drive into the wall: don't raise interest rates enough and risk increasing inflation.
2. To go into the ravine: Increase the rates and the confidence of the investors will go away, with as a result an even more violent fall of the market and why not a crisis?
PS: The Central Banks are at fault and they have put millions of people in a difficult situation. It is not sure that the banks will let everyone withdraw their money.
If we break this major support, there is nothing holding us back between $3750 and $3900.
GAFAM results are well below expectations and inflation is becoming more and more present.
CBs have 2 choices:
1. Drive into the wall: don't raise interest rates enough and risk increasing inflation.
2. To go into the ravine: Increase the rates and the confidence of the investors will go away, with as a result an even more violent fall of the market and why not a crisis?
PS: The Central Banks are at fault and they have put millions of people in a difficult situation. It is not sure that the banks will let everyone withdraw their money.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.