NASDAQ today is off 1% in 5 minutes trading, seemingly on news of FED benchmark rate cut.
FED cutting rates to sustain saturated market prices, increase stock market demand around all-time-highs. It wouldn't be too much to assume because stock (and debt) demand before wasn't adequate to liquidate enough despite prices being so high.
Dow Jones Industrial Average led the downside of the major US stock market indexes today which is a powerful sign for bears of a pullback.
July 31st NASDAQ composite quote $8,175, target $7,800 for a 4.8% difference. Trade/outlook duration 1-6 months.
FED cutting rates to sustain saturated market prices, increase stock market demand around all-time-highs. It wouldn't be too much to assume because stock (and debt) demand before wasn't adequate to liquidate enough despite prices being so high.
Dow Jones Industrial Average led the downside of the major US stock market indexes today which is a powerful sign for bears of a pullback.
July 31st NASDAQ composite quote $8,175, target $7,800 for a 4.8% difference. Trade/outlook duration 1-6 months.
Dagangan ditutup: sasaran tercapai
August 5th, Success! Target reached well within the trade outlook of 1-6 months, it only took 3 trading days, 5 days! Latest quote NASDAQ happens to be $7,799! I am amazed.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.