Good day!
Price is still bearish and ready for going further down.
We've key data in a few with CPI.
1- Any overshoot (and it's expected) will send down NQ.
2- Inline and undershoot will provide a shy bounce and resume down.
The world is witnessing how USA is treating its closest ally and neighbor. In my view, BRICS countries and their allies will benefit from the self-inflicted destruction of USA and to lesser extend Europe.
Trump is making pressure on the FED for free money and rate cuts. March meeting will be extremely relevant.
We got positive news on the ceasefire in Ukraine. If Russia accepts (which is 100% expected), it will boost for ST NQ and equities.
Price is still bearish and ready for going further down.
We've key data in a few with CPI.
1- Any overshoot (and it's expected) will send down NQ.
2- Inline and undershoot will provide a shy bounce and resume down.
The world is witnessing how USA is treating its closest ally and neighbor. In my view, BRICS countries and their allies will benefit from the self-inflicted destruction of USA and to lesser extend Europe.
Trump is making pressure on the FED for free money and rate cuts. March meeting will be extremely relevant.
We got positive news on the ceasefire in Ukraine. If Russia accepts (which is 100% expected), it will boost for ST NQ and equities.
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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.
Related publications
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.