أشرف العايدي على سي ان بي سي العربية -- 23 يوليو2013
Jul 23, 2013 16:42
Traders must also bear in mind that the tapering of purchases is a mere "cooling" in the pace of easing, rather than tightening. After all, asset purchases remain a form of easing, or money supply expansion, which has swelled up the Fed balance sheet to a record $3.5 trillion. There is a vast gulf of market movements and expectations between easing, neutral and tightening. We remain well in the midst of policy easing.
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We have seen how Nasdaq100 peaked at the 19% extension from its 200-day moving average, before tumbling 6%. The 19% pattern was referred to in this video. The market will likely hold above the 28000 support--underlined by the May 6 gap-- and capped by the 29700 resistance, highlighted by the May 26 Gap. More details to members of the WhatsApp Bdcst Group.
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