Happy New Year!!
New chart for the Risktakers... Surprise, it's not crypto!!
The DOW Jones has to fall eventually & that may be *very* soon!
U.S. Federal Reserve's Chairman Jerome Powell speaks on Tuesday (a tell for tons of volatility), and now that employment figures are looking better (at least for now),The Fed will next complete the second task of its dual mandate -- Maintaining stable inflation rates. Interest rates have been historically and artificially low for 2 years now. When those rates hike up:
- US30 - Short
- Dollar (DXY) - Long
- BTC/USD - Short
- XAU/USD - Short
- XAG/USD - Short
The pop is inevitable. tay Risky!