Yep, everyone's bleeding to the teeth... More leveraged folks had to make decision on their margin calls... It hasn't been pretty...
But as a friend told me recently,
"All markets are red Just a matter of when and which stocks/coins rebound first Same cycle Same game"
^Disclaimer: Above is not a Haiku poem (but yes i formatted it as such)
So back to basics:
What are we seeing here: - 10-year Treasury is popping - 20-year Treasury lost steam - Dow Jones broke out & lost steam (R @ 36526 to 36626 --- rejected 369ish - let's say 37000 for now) - VIX looks like it's getting for some real action in about 2 to 8 weeks
It's rated as Neutral because who the #### knows (or we can say ONLY THE LORD KNOWS). Fasten your seat belts. Turbulence (or opportunity) ahead.
and last but not least - JEWEL DeFi Kingdoms --- really interesting
Let me know what you guys think for the upcoming 2022. Cheers & wishing peace and prosperity to everyone!! (And ofc I can't do that but only the LORD can).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.