The overall market gave signs that it could break the recent bull flag formation to the upside after Thursday's candle. However, several factors such as Musk's comments, the stronger than expected jobs report and hints at a possible 
AAPL miss for the current quarter pushed equities lower on Friday. Despite the overall weakness on Friday, the 
SPY is still within the recent bull flag formation as it held above $407. Next week, this level will be an important tug-of-war area between the active bulls and bears. A break and close below this area will most likely lead us below $400 quickly. The CPI numbers next Friday will be an important catalysts. Does the inflation show signs of peaking?
AAPL miss for the current quarter pushed equities lower on Friday. Despite the overall weakness on Friday, the SPY is still within the recent bull flag formation as it held above $407. Next week, this level will be an important tug-of-war area between the active bulls and bears. A break and close below this area will most likely lead us below $400 quickly. The CPI numbers next Friday will be an important catalysts. Does the inflation show signs of peaking?
Penafian
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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.