FA
-New unemployment claims will be announced tomorrow.
-Cov-19 cases are still on the rise with Bejing and India in shut down. New world record on daily cases. South American countries are exploding in cov-19 cases
worldometers.info/coronavirus/?zarsrc=130
-Major news about Biden on the newest poll survey could be another factor to trigger the drop.
-FED policies are aiming for long-term recovery, instead of positivity about the current situation.
cnbc.com/2020/06/17/fed-policies-may-spark-a-bubble-all-star-investor-rich-bernstein-warns.html
-FED repo and treasury purchasing remain unchanged.
-Housing/Mortgage application data is positive.
tradingeconomics.com/calendar
-New Zealand GDP dropped more than expected.
tradingeconomics.com/new-zealand/gdp-growth
TA
NDX failed to fill the gap at 10070, a reversal took place.
-RSI, Squeeze: bearish
-NAS100 crossed EMA 50,100 and built-in EMA TEST during the future market: bearish.
-NDX will likely find support at the 9800 level.
Trading note: Sold SPY 312.5 call at open and bought some AAL puts 06/19 at the closing.
Good luck and thank you.
-New unemployment claims will be announced tomorrow.
-Cov-19 cases are still on the rise with Bejing and India in shut down. New world record on daily cases. South American countries are exploding in cov-19 cases
worldometers.info/coronavirus/?zarsrc=130
-Major news about Biden on the newest poll survey could be another factor to trigger the drop.
-FED policies are aiming for long-term recovery, instead of positivity about the current situation.
cnbc.com/2020/06/17/fed-policies-may-spark-a-bubble-all-star-investor-rich-bernstein-warns.html
-FED repo and treasury purchasing remain unchanged.
-Housing/Mortgage application data is positive.
tradingeconomics.com/calendar
-New Zealand GDP dropped more than expected.
tradingeconomics.com/new-zealand/gdp-growth
TA
NDX failed to fill the gap at 10070, a reversal took place.
-RSI, Squeeze: bearish
-NAS100 crossed EMA 50,100 and built-in EMA TEST during the future market: bearish.
-NDX will likely find support at the 9800 level.
Trading note: Sold SPY 312.5 call at open and bought some AAL puts 06/19 at the closing.
Good luck and thank you.
Nota
Bear trap. Go long
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.