A very red week for ETFs…
After a rebound week, we can see that confidence didn’t really hold, despite a slowdown on Thursday and Friday following the easing of tensions between the U.S. and Europe.
An easing, yes but not truly confirmed yet. We’ve only had statements from Trump, with no official communication from Europe, and above all, we’re still waiting for an official signing of the deal he mentioned with OTAN .
So clearly, in my view, the market is still stuck in indecision and waiting for confirmations before moving back into buy mode.
As for me, as long as the price stays above $86,000, I’m fine with that because, as always, price will eventually move back up.
I’m really looking forward to the U.S. session, because for now, the pre-market futures look pretty interesting to me!
