Though the markets fell quickly yesterday. The loose is only about a 2 week retrenchment. Can the FED print fast enough to keep this going. If the price does not bounce off 3000 physiological level expect the USD to become more valuable again as people start a second wave of liquidating. Otherwise maybe printing to new highs is still possible. At some point though all the printing will have to be accounted for.
Looking at the bollinger band we are near 20 MA and there is both huge upside and down side potential.
Looking at the bollinger band we are near 20 MA and there is both huge upside and down side potential.
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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.