Visibility: Public
Read/Watch Time: 36 minutes and worth it
Thanks for tuning in to our Markets Update. This one seems ugly to me.
I’m seeing a familiar pattern. In many cases, this pattern tells me that the market is heading for lower lows.
I see slowing economic numbers, rumors of wars, political and geopolitical insanity, and the Federal Reserve ready to take the punch bowl away from the party.
It’s important to me to check out the big picture trends in things like, gold, oil, crypto, S&P500 (SPY), NAS100 (QQQ), Russell 2000 (IWM), Bonds (TLT) and Interest Rates (US10Y). This helps me decide if I want to participate in those trends.
I also like to check on the Inverse ETF possibilities when I see trends change.
Feel free to teach this to someone else and thank you for your referrals.
Here’s the link to the video: https://squiggletrader.com/wp-content/uploads/2022/02/Market-Update-Ugly-02182022.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.