Eiron

Eiron Updated 

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 TVC:US10Y (1.764%) Technology struggles with rising rates - Extreme valuations for many Tech companies - NASDAQ:AAPL NASDAQ:MSFT NASDAQ:GOOGL ...

Eiron Updated 

S&P 500 Trade Techincal based on former bars pattern, could see further selling pressure down to 3700-3600 level. Fundementals remain bad, no accommodation from the FED and stop from the easy monetary policy. Fading the rallies until Jerome Powell changes his hawkish stance. Tech struggling and major market leaders are plunging 10-20% on a daily basis. Snap...

Eiron

Looking at the second longest bull run in history, be carefull. still retesting the trend from 2009. Be happy to have taken profit from this long bull run fueled by a cheap money policy by the FED. combined with a Head and Shoulder pattern along with bearish RSI on the weekly, shorting is looking better than going long. a bigger correction would also be healthy...