Issue #2: Q2 Stock Market Forecast
What is happening now:
Bitcoin price plunged last night and continue its downtrend today, surpass below 22,000 level, and rebounded.
Global markets under tremendous pressure from rising inflations as well as rising interest rates.
The following is for short-term trader to take as reference
Jun 2022
3rd week: 13th - 17th
13/6 : had already shown weakness.
14/6 : may rebound after FOMC (anyway, US Futures is rebounding upon opening)
And may pull back slightly on Thurs.
4th week: 20th - 30th
Be more cautious from 20th - 22nd for possible downside, and from 27th onwards, the rest of the month should be less volatile as market may have slowly digested with the new rate.
Jul 2022
In general, I continue to feel gloomy for the market. And the days to take note for any possible downside : 3rd-4th, 11th-12th, and 21nd-22nd... Will further elaborate as time comes in my weekly update.
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