bull or not? | eniac500 on Binance Square

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bull or not?

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Not something big happened during the Powell speech, but as I mentioned in the previous post, he pointed out COVID19. So, we can wait for volatility but a little bit will going up near 108-109k, but be ready for the tricks from Market Makers. Yeah, it's not a bullish signal, so we are continue waiting... waiting Unemployment rate. So lets speak really a little bit about it. Why a little bit - cause you can check the news and see that this year many companies are going to be closed in the US, and they are big as Walmart. It tells us that the Unemployment rate will be higher than 4.2. It's also not bullish signal also it's not good thing that many people will lose their jobs but we have to do what we do and it's very good signal for investors in crypto market especcially. So lets wait what will happen, and also check the previos post. There is much deeper info about economy and about PCE. Thank you 🙂

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Hi all 📈 After making 20k from 2k in November and December I returned to the market 🙂 I know I'm not a whale.... yet 😉 I will write here for you my predictions to trade with time periods several days - 2 weeks. I will write the prediction after the FED Powell speech, cause it's very important in such an economic situation. But I can try to predict what he can say and what will happen. The market is in the red, and tock market also experiencing decline and other many markets also. Why's it happening? UNCERTAINTY! WTF? uncertainty shows economic situation right now and the next 1-2 months. Why so long? Cause the economic is driven by macro economic in the market. But what is market? It's people and businesses that they control. So people and businesses planned their strategies to live, to be happy to vacation etc. And as you know for all of that needed time to happen and market will see it. How the market will see it? Macro ecnonomic indicators. It's cpi mom/yoy, core cpi yoy/mom, ppi yoy/mom, core ppi yoy/mom, core pce, pce, durable goods, consumer sentiment, and other many many things that you needed to know. So I will not write the values of that indicators but now I ill just say And it's not a belief it's fact Powell will boost the market How? Via his words And he will mention that they see that there is a problem in the market - because of Bonds and Dollar And something interesting we will hear - he can mention 2010, 2017, 2021 when Bonds profitability is going high, and dollar going down, but by the classic economic teach us that the bonds selling pushes dollar up 😉 So FED have to do it something with that and here are several things that they can do - Print the dollars - RRP - Make companies buy bonds it's a bullish flag 😉 for whales So think as whale and you will become a whale But also consider that the words will be said very carefully to not shake markets and not show some prediction, so, we wil need to wait until May 29 and 30, publication days of PCE, and the actual results will be better for as than forcasts 🙂

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