Growth on News 📈

Two news items were released overnight that pumped the market to $99,800.

🟢Donald Trump stated that "the US economy is thriving, but it is awaiting an unprecedented boom"

🟢China announced a significant rate cut and an increase in liquidity of $138 billion to support its struggling economy and ease lending conditions.

These news items triggered a 3% market increase!

In the evening, the market was quite weak and there weren't enough factors for growth. However, unpredictable news completely changed the picture.

At the current level, there isn't much selling pressure observed, so I think we will be pushed even higher, and only after that will we see a significant correction.