Earnings season is well and truly underway and thus far things are not so great, it was hoped that the financials could kick of a rally, but no. It has been a cavalcade of disappointments and unfortunately the FANGS are going to drag the market down in the coming days. Netflix has set the ball rolling with horrendous results while AMZN, FB and GOOGL have a every dark cloud of regulatory pressure above. Mr Trumps tweets regarding trade has and will add fuel to the fire.
we expect the 27000 level to be tested at a minimum tomorrow or Friday
we expect the 27000 level to be tested at a minimum tomorrow or Friday