Good morning, everyone!
This week, all major investors are preparing for a schedule full of data and confirmations, one of the reasons for the current market movement.
Wall Street Agenda:
• Monday: Data from the New York Federal Reserve.
• Tuesday: Producer price data.
• Wednesday: Consumer inflation index and reports from major banks Citigroup, Goldman Sachs and JPMorgan Chase.
• Thursday: Jobless claims and results from Morgan Stanley and Bank of America.
If you are investing in this market and take your investments seriously, it is essential to pay attention to global news.
Declines in the market are normal (in the case of speculation, most of the time they are SHORT-term), especially with so many scheduled events. Don't despair! Every year we face these fluctuations, and it is essential to understand the direction the market will take in the face of these impacts in order to adjust our strategies.
NEWS, rest assured, this is the crypto market. Pay attention to support points and price your stop accordingly.
Here is #thaitraderoficial
I just published an article with information about the latest news that is increasing market volatility (previous post).