NAS100 with next pump?

Hey tradomaniacs,

When I look at the entire market I can`t see any real reasons for these moves as fundamentals aswell as monetary policy hasn`t changed yet.

Banks keep printing money and the economy improves❗️

1️⃣"We are getting a little bit of weakness ... even though the earnings and economic data is good," said Ryan Detrick"

2️⃣"The underlying fundamentals are extremely strong and it wouldn't be overly concerning after the rally we have seen in the past 13 months for the market to catch its breath a little bit more in the face of strong earnings."

The only reason why the market is correcting might be the fact that it is overheated and that the margin debt has never been so high, as you can see on this chart.

As many traders are long with leverage, falling rates can cause a domino-effect due to the rising pressure (margin-calls).

We can soon expect a reversal, probably with good news as big players can play ping-pong with stop-loss-levels until then.

I`m still bullish on equities and so bearish on US-DOLLAR and will patiently wait for reversals to end in order to follow the trends as I see great incoming opportunities.🙏


LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

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