stocks meet decision point
Key Findings: Dow Jones is a short-term buy. Bigger Picture is right at decision point.
After a wild ride of January melt-down in techs, a very volatile FED FOMC Meeting and a retrace since then we are now meeting decision point for stocks.
Market stopped with friday close right at significant price levels, a breakdown here would print us top formations and very probable deliver us a bigger melt-down and might even break the current trend.
But As we are at strong horizontal and trend supports and already very oversold, according to current moving average and oscillator levels, i would minimum expect a bounce up here.
This bounce up could be rejected by highlited levels or also easily push through previous local tops and deliver us a next bull run, we will get a decison next 10 to 14 days and will keep a close look at the significant price levels.
After a wild ride of January melt-down in techs, a very volatile FED FOMC Meeting and a retrace since then we are now meeting decision point for stocks.
Market stopped with friday close right at significant price levels, a breakdown here would print us top formations and very probable deliver us a bigger melt-down and might even break the current trend.
But As we are at strong horizontal and trend supports and already very oversold, according to current moving average and oscillator levels, i would minimum expect a bounce up here.
This bounce up could be rejected by highlited levels or also easily push through previous local tops and deliver us a next bull run, we will get a decison next 10 to 14 days and will keep a close look at the significant price levels.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。