⚠️ 🔥 No Time to FOMO!!!! ⚠️ 🔥

2023年3月14日

⚠️ 🔥 NO TIME TO FOMO!!!! ⚠️ 🔥

Goodday for the markets and Crypto as the news came out being ok:
US inflation slows to 6% annual rate amid looming banking crisis

Let me rephrase it: the worst news where avoided, inflation did not rise. Look at CPI chart maybe:

SP-5OO gets rejected despite the predictions for a 'softer more dovish' monetary policy:

In the meantime bank charts look pretty bad to me:
What i called 'good scenario' level did work as support for BKX but it will be retested:

Also, Credit Swiss is nothing but bad news:
bloomberg.com/news/articles/2023-03-14/credit-suisse-finds-material-weakness-in-financial-reporting?leadSource=uverify wall


Lastly , i really don't like this rejection on Wells Fargo:




In a few words: let's be careful...

No love these days, just volatility.

The FXPROFESSOR