FA
-Unemployment weekly claims will be released tomorrow at 8:30 AM. Expecting to be around 3 million.
-Policymakers (FED) are likely to take action to counter bad data and keep the market afloat.
-US debt is now more than $25 trillion dollars, increased 1 trillion dollars within a month. US total debt is above 27 trillion dollars.
usdebtclock.org/
- More bad economic data will be released. Please check the previous data.
tradingeconomics.com/calendar
-Transportation, Finance, semiconductor, REIT sector were getting crushed this morning (Check out Webull general data).
-Covid-19 cases/death are increasing (Remove Newyork state, California, Washington from data to see the uptrend).
worldometers.info/coronavirus/country/us/
-Technology stocks helped the stock market this morning. More and more people are buying tech -stocks. This is dangerous as the P/E ratio is off the chart.
TA
SPX closed above the daily moving average. Still bullish.
RSI and Squeeze are still neutral.
DJT (transportation), XLF (finance- banking) closed below the moving average: very bearish.
Target for SPX tomorrow: 2870 mid-day, 2800 closing.
Good luck and thank you.
-Unemployment weekly claims will be released tomorrow at 8:30 AM. Expecting to be around 3 million.
-Policymakers (FED) are likely to take action to counter bad data and keep the market afloat.
-US debt is now more than $25 trillion dollars, increased 1 trillion dollars within a month. US total debt is above 27 trillion dollars.
usdebtclock.org/
- More bad economic data will be released. Please check the previous data.
tradingeconomics.com/calendar
-Transportation, Finance, semiconductor, REIT sector were getting crushed this morning (Check out Webull general data).
-Covid-19 cases/death are increasing (Remove Newyork state, California, Washington from data to see the uptrend).
worldometers.info/coronavirus/country/us/
-Technology stocks helped the stock market this morning. More and more people are buying tech -stocks. This is dangerous as the P/E ratio is off the chart.
TA
SPX closed above the daily moving average. Still bullish.
RSI and Squeeze are still neutral.
DJT (transportation), XLF (finance- banking) closed below the moving average: very bearish.
Target for SPX tomorrow: 2870 mid-day, 2800 closing.
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.