⚠️ 🔥 No Time to FOMO!!!! ⚠️ 🔥

495
⚠️ 🔥 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: snapshot

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

⚠️ 🔥 Red Alert - S&P at thin Support


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:
snapshot
  KBW Nasdaq Bank Index - 3 Scenarios


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
snapshot

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

snapshot


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

No love these days, just volatility.

The FXPROFESSOR

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.