There will be a double top and a dump to around 11,000.
TopgOptions
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@WildBill2535, i can agree with that. maybe to 12-13K after the interest rates will go higher this year.
ro.goudreau
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Not this time, money printing is over.
TopgOptions
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@Ro.goudreau, a quick rally before the FOMC reduces the monthly asset purchases.
WorldEconomics
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Yeah don’t think so. Without the Feds QE, this market is doomed. Tapering ends in March. Plus interest rates raising, none of this is good. Economy is stagnant. Atlanta Fed estimates Q1 GDP at a hilarious 0.1% or negative.
TopgOptions
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@WorldEconomics, a quick rally before the FOMC reduces the monthly asset purchases.
WorldEconomics
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@CryptoFundManager, - Yeap. This reminds me of a bear market rally.