Despite the current lack of confidence in the financial market, there are indications that major financial products may experience sustained growth from the end of February through September. While it remains uncertain whether this trend will continue, it is worth monitoring closely.
Upon first glance, it appears that a ceiling has been established for several financial assets, including SPX, Nasdaq, and cryptocurrencies. However, closer examination of monthly trading charts reveals that the trend may continue. In particular, some major cryptocurrencies are poised for a potential upturn once a golden cross signal is detected on the MACD (Moving Average Convergence Divergence) indicator.
According to the long-term chart, the market seems to have hit a ceiling. Additionally, the mainstream media’s repeated bearish statements suggest that the market may be poised for a downturn. However, there is a possibility that the market is actually setting up for an upturn and taking advantage of inexperienced investors who entered the market anticipating a decline. It is important to be cautious and closely monitor market trends before making any significant investment decisions.
DISCLAIMER:
Please note that the information provided in this text is for informational purposes only and should not be construed as financial advice. The writer of this text is not a professional or qualified financial advisor and is not responsible for any decisions made by readers based on the information provided. Readers should take full responsibility for their investment decisions and consult with a qualified financial professional before making any significant investments. The writer of this text shall not be held liable for any consequences resulting from the use or interpretation of the information provided.
