The Fed decision was EXTREMELY encouraging and there were no nasty surprises. The only major threat to a bullish market right now is the situation in Ukraine ... but I believe there will be NO WAR and that we're back on track for an extremely bullish 2022. This is why ...

COVID. All the predictions of OMICRON disaster were wildly overstated. Here in the UK, ALL restrictions will be permanently abolished from this Saturday. The same in several other European countries.Ukraine. Despite the chest thumping, there will be no major conflagration in Ukraine. Russia cannot afford to lose face and will back down - whilst making a small, grandiose gesture.Putin has confirmed that Russia will NOT be banning crypto. That was obvious, but it's still bullish news.BTC Futures are currently at 0.93 - the highest for some time. The markets have fully priced in the gradual phasing out of tapering and up to 4 x 0.25% rate increase this year.Global supply chains are recovering faster than governments expected. Again, this is due to Covid becoming less menacing.The US Labor Market is now officially 'Strong'.​There will be serious profit taking in the next few hours, but that's to be expected. But we're now back on firm ground until the Spring.NFA/DYOR

Submitted January 27, 2022 at 02:15AM