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Morning notes 18-05-2021


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    • Natural Gas remains 'the monster of the monsters', it requires no leverage and a lot of patience: lately formed a triple bottom, likely to test a previous support at 6400 and higher, it is a challenge for for those preferring CFD trading, especially for professionals trading high leverage! Otherwise can double, triple or more the equity and wipe out the account as well in a short period of time. It has no limits or previous time to count on, on any chart available! During the good days CAN tumble or spike up 7 -8% in a matter of seconds! IG remains the best for challenging the Natural Gas financial instrument!
    • It’s been a rocky start to the year for Bitcoin, but experts still say it will hit $100,000 — and that it’s more a matter of when, not if. Bitcoin on Thursday dipped below $20,000, falling down nearly 5% over the last 24 hours. This is the second time the largest crypto has fallen below $20,000 this month and it still remains under pressure, according to Edward Moya, a senior market analyst at OANDA. “Bitcoin is struggling to hold onto the $20,000 level,” he says. “If Bitcoin breaks below the recent low around $17,500, there isn’t much support until the $14,500 level.” The latest crypto market crash was spurred by momentary de-risking from Wall Street as many investors are feeling pessimistic about the economy amid surging inflation, a shaky stock market, and rising interest rates. The crypto market has increasingly tracked the stock market in recent months, which makes it even more intertwined with global economic factors.  
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