Hello traders
Target for TQQQ ==> around 167-168.
Some economists claim that an upcoming crisis will soon explode ... the trouble is that these economists say it for at least 5 years ... and the market is resolutely bullish at the end.
What to believe ?...
Not having crystal balls in my hand, I will follow the trend of the market.
Yes... as a title of a music of U2... "I WILL FOLLOW" :)
Curious thing ... the gold goes up since last Augus ... is that a sign ?
For me, i don't think so... economy work well, the US10Y is about 2.56, not a critical level... and The BofA Merrill Lynch US High Yield is under 5 %... so no doubt that investisors are positionned in Actions actually !
Nevertheless Let's stay alert !
Bye
Jeanne