FA
-Bullish factor:
FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019.
GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ.
This is matters because Alphabet is one of the 5 stocks which have a huge impact on current stock indexes (DJI, SPX, NASDAQ).
-Bearish factor:
GDP will be released at 8:30 AM.
Speculative buying leading to overpriced. The entire stock market rally is based on "hope".
People will take profit from this spike.
TA
-Open high
-A bounce after touching the trend line.
-Retesting 2950 level (0.618 Fibonacci). If it breaks this level, stocks might set higher (1-2%) or a drop (2-3% back to 2880)
-RSI lower-high, contrasting the stock market.
Good luck and thank you.
-Bullish factor:
FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019.
GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ.
This is matters because Alphabet is one of the 5 stocks which have a huge impact on current stock indexes (DJI, SPX, NASDAQ).
-Bearish factor:
GDP will be released at 8:30 AM.
Speculative buying leading to overpriced. The entire stock market rally is based on "hope".
People will take profit from this spike.
TA
-Open high
-A bounce after touching the trend line.
-Retesting 2950 level (0.618 Fibonacci). If it breaks this level, stocks might set higher (1-2%) or a drop (2-3% back to 2880)
-RSI lower-high, contrasting the stock market.
Good luck and thank you.