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
RSI is having a lower-high. Formed a completed "M" => Bearish
Squeeze indicator is suggesting a bearish squeeze with a large volume.
Bottom line: Short every bounce.
Thank you.
-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
RSI is having a lower-high. Formed a completed "M" => Bearish
Squeeze indicator is suggesting a bearish squeeze with a large volume.
Bottom line: Short every bounce.
Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.