FA
-Unemployment claims reached 30 million.
-Covid-19 spiked before the re-opening in Texas. The curve hasn't fully flattened yet (Dr. Fauci)
-FAANG stocks have already reported their earnings.
-People are taking profits.
-FED 500 billion short-term pumps at 8:15 am.
-Sell in May is happening when most of the profitable tech companies have reported their earnings.
-FED start to slow down their securities purchasing.
TA
The drop on Thursday broke the bullish trend, suggesting a drop.
RSI is having a lower-high. Formed a completed "M" => Bearish
Squeeze indicator - neutral.
Bottom line: Short every bounce.
-Unemployment claims reached 30 million.
-Covid-19 spiked before the re-opening in Texas. The curve hasn't fully flattened yet (Dr. Fauci)
-FAANG stocks have already reported their earnings.
-People are taking profits.
-FED 500 billion short-term pumps at 8:15 am.
-Sell in May is happening when most of the profitable tech companies have reported their earnings.
-FED start to slow down their securities purchasing.
TA
The drop on Thursday broke the bullish trend, suggesting a drop.
RSI is having a lower-high. Formed a completed "M" => Bearish
Squeeze indicator - neutral.
Bottom line: Short every bounce.
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.