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#BinanceTurns7 #IntroToCopytrading
🔍Dynamics of US stock prices and crypto indices since the start of the panic in September.
S&P500 = +7%
NASDAQ100 = +10%
Day = +8%
Russell2000 = +6%
BTC = +2%
ETIN = -17%
Author of the comment: The US economy is doing well - high consumer demand, low unemployment, good reports from large companies, a growing economy.
The S&P500 and Dow Jones indices are updating historical highs.
And the best thing in this situation is the lack of euphoria. There is no trace of it: not on the rinks, not in the media, not on the Internet.
The rest of the economy is almost guaranteed for the next 3 months. Thus, both fundamental factors and the structure of market participants point to continued positive sentiment towards stocks and cryptocurrencies.
Unfortunately, the recession was still deepening… in cryptocurrency prices.😢
But this is not scary, because the appetite for risk is just starting to return to the market. It is often displayed by Russel2000. This is an index of the smallest American companies traded on stock exchanges. When it updates its historical maximum, this will be a very strong positive signal for all risk assets.
