Technically ; we should expect a reversal attempt somewhere here around as the gap in weekly chart has been closed now.
As the FED is pumping huge amount of money into the markets, stock markets may soar further but the questions is ; where is the limit ? The FED will / should say ; "hey guys, that was too much, stop and let's give a break now."
And relying on the technical analysis attached, my gut-feeling is that we are approaching to that point.
As the FED is pumping huge amount of money into the markets, stock markets may soar further but the questions is ; where is the limit ? The FED will / should say ; "hey guys, that was too much, stop and let's give a break now."
And relying on the technical analysis attached, my gut-feeling is that we are approaching to that point.
This is not an official advise or professional service for any trader. I only share my personal ideas, view and thoughts on particular stocks. Please consider your own risk management and take the responsibility of your own investments.Filter the noise.
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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.
This is not an official advise or professional service for any trader. I only share my personal ideas, view and thoughts on particular stocks. Please consider your own risk management and take the responsibility of your own investments.Filter the noise.
Related publications
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.