I think we gonna have one or two more bearish legs due to Russia will halt Nordstream I and will push oil prices over 160 USD.
So USD will drop to 3,800-3,700 level.
Best way to play long SQQQ for a potential 30% upside next 30 days.
Regards,
Remember, also its very important to understand the Sanctions boomerang effect that will hurt many companies across the globe, and also the secondary effects of those sanctions. For example US has sanctiones Russia and any person/Corporate related to Russia. But and this is important, IF CHINA says to US, we are not agree, we gonna raise Tariffs and act as countermeasure against EU/UK and US. = TRADE WAR .
On the other side Russia will also begin to nationalize foreign facilities inside Russia of those countries that dont support Russian Federation.
My rationale is that is time to sell the last bounce in Equities and get ready for a hyperinflationary enviroment for 3-12 months forward.
So USD will drop to 3,800-3,700 level.
Best way to play long SQQQ for a potential 30% upside next 30 days.
Regards,
Remember, also its very important to understand the Sanctions boomerang effect that will hurt many companies across the globe, and also the secondary effects of those sanctions. For example US has sanctiones Russia and any person/Corporate related to Russia. But and this is important, IF CHINA says to US, we are not agree, we gonna raise Tariffs and act as countermeasure against EU/UK and US. = TRADE WAR .
On the other side Russia will also begin to nationalize foreign facilities inside Russia of those countries that dont support Russian Federation.
My rationale is that is time to sell the last bounce in Equities and get ready for a hyperinflationary enviroment for 3-12 months forward.