AS CPI data was higher than expected, investors had fear the FEDS have to speed up rate hikes, tighten and trigger a recession. Powel will come out to relive them and markets rally again.
Same story, different chapter, so good time to invest now.
US30 Stays Bullish and small correction is possible
The Dow remains in strong up move after Powell confirmed US economy is strong and can take tighten monetary Policy, So Risk on hit the market and it should remain.
No signs so far of recovery, as warned before, BTCUSD could fall to 36K, so far so good.
Don't rush to buy, no buy sign at all, and Feds will probably crash the market on March 16th meeting, so for the market to be priced in this negative move needs to happen before March 16th 2022
So we remain bearish in BTC to 36K and will update later if we get there.
GOLD Sell now, but risky,
Bigger chance we get a nice fall, however, it is a still strong up-trend, and we are selling the top.
So, it is risky, so manage safely.
And don't over risk, in case it goes against us, we can manage.