FA
-Bullish factor:
FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019.
GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ.
This is matters because Alphabet is one of the 5 stocks which have a huge impact on current stock indexes (DJI, SPX, NASDAQ).
-Bearish factor:
GDP will be released at 8:30 AM.
Speculative buying leading to overpriced. The entire stock market rally is based on "hope".
People will take profit from this spike.
TA
-Open high, close low.
-A short squeeze up is expected
-NASDAQ has been above the 0.618 Fibonacci for a while due to speculative buying on tech stocks. So when it drops, it will drop harder.
-RSI lower-high, contrasting the stock market.
-Breaking 8900 levels is possible. Until then, please be patient before opening a short position.
Good luck and thank you.
-Bullish factor:
FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019.
GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ.
This is matters because Alphabet is one of the 5 stocks which have a huge impact on current stock indexes (DJI, SPX, NASDAQ).
-Bearish factor:
GDP will be released at 8:30 AM.
Speculative buying leading to overpriced. The entire stock market rally is based on "hope".
People will take profit from this spike.
TA
-Open high, close low.
-A short squeeze up is expected
-NASDAQ has been above the 0.618 Fibonacci for a while due to speculative buying on tech stocks. So when it drops, it will drop harder.
-RSI lower-high, contrasting the stock market.
-Breaking 8900 levels is possible. Until then, please be patient before opening a short position.
Good luck and thank you.
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.