Every FAANG stock has some sort of pennant continuation/reversal pattern going. Not really sure which way they want to go, but there will be a huge move next couple of weeks in one direction or another.
I really don't see a compelling reason for the market to rally anymore, but who knows... the algos can pump the crap out of the market with futures overnight, individual investors and fundamentals mean nothing anyways.
Indicators seem bearish, but that's never stopped the market before.
I really don't see a compelling reason for the market to rally anymore, but who knows... the algos can pump the crap out of the market with futures overnight, individual investors and fundamentals mean nothing anyways.
Indicators seem bearish, but that's never stopped the market before.
Anmerkung
Note: GOOGL, AMZN, and FB threw reversal dojis today while NFLX and AAPL look like they want to go up. So it's a guessing game.Same with the rest of the market, some stocks look like they want to tank while others look like they want to rally. I'm taking the safe bet with cash right now, will day trade on pumptarded days like today.
Anmerkung
Futures are up, looks like they're gonna play the FAANG stock pump game again.Anmerkung
Broke the trendline...
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.