Good afternoon,

This week we continued our run on the side with high volatility.

Friday:

SPY started the week positive and ended the week in the red with a sharp decline.

BTC has been declining throughout the week.

My opinion is that we are closing gaps from November, just before Trump’s rise gained momentum.

Bitcoin has risen strongly compared to the general market.

Generally, there is a relatively high correlation between the markets,

and right now we are in the process of balancing, so the correlation is lower,

unless a significant global event occurs (as happened last week).

What’s next?

📌 Stocks:

We are in the midst of the quarterly reporting season, so we will see stocks react with sharp volatility – regardless of the general market trend.

📌 Markets:

Right now it is very messy and there is no clear direction.

In addition, there is uncertainty about the consequences of Trump’s moves, especially in the context of the trade war.

In my opinion, the market is very dangerous right now, and I see a lot of manipulation happening.

Because of this, this week I only acted in short trades, lasting from minutes to a few hours.

The main event of the week:

📅 Wednesday – 15:30

📢 The US PCI (monthly inflation index) report will be published.

📈 Analysts expect an increase in inflation.🔴

My current approach to the market is negative, both on a technical and fundamental level.

However, I believe that another significant event is needed to shake the market and bring about a clear decision – up or down.

⚠ Act with caution.

Have a blessed week!🚀