BITCOIN MIRRORS THE SPX, AMAZON GOING TO NUKE THE MARKETS đź’Ł
Hey hey my friends đź‘‹
BITCOIN correlates to the spx (s&p500) Which is currently being drug down by AMAZON, the snp500 has currently had a daily close below a major support trend-line from march 2020
We are waiting to see what happens here, the fed needs to control the yield curve! If Powell cant figure his shit out then this will continue
If the yield curve doesn't get figured out the market will tumble
Amazon had a bearish retest and broke the 200EMA, without the fed growing their balance sheet this can end bad
Stay safe, we are out of the market and waiting for a signal we are good to go
BITCOIN correlates to the spx (s&p500) Which is currently being drug down by AMAZON, the snp500 has currently had a daily close below a major support trend-line from march 2020
We are waiting to see what happens here, the fed needs to control the yield curve! If Powell cant figure his shit out then this will continue
If the yield curve doesn't get figured out the market will tumble
Amazon had a bearish retest and broke the 200EMA, without the fed growing their balance sheet this can end bad
Stay safe, we are out of the market and waiting for a signal we are good to go
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.