Eiron

Nasdaq 100 - Bearish Outlook

Short
Eiron Updated   
OANDA:NAS100USD   US Nas 100
Going into 2022 with a more cautious approach for the US Equity markets.



- US FED getting more hawkish, worried about Inflation running hot, Rising Rates and tapering the Balance Sheet
- Rising Yield on the US10Y (1.764%) Technology struggles with rising rates
- Extreme valuations for many Tech companies - AAPL MSFT GOOGL

This is not Financial Advise!


Comment:
And the Nasdaq and the rest of the Indicies is at this point plunging into Bear Market... Geopolitical and Hawkish FED still around, fading the rallies at this point
Comment:
Comment:
Looking even worse, US2 - 4.4% and rising across the Curve, higher rates and no pivot for long. Technicals - Horrible. and only Apple holding up the markets
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