An interesting day. A strong liquidation move in the morning which followed by a V-reversal. Buyers are betting on higher prices - that's the only conclusion one can make from this price action. What could ruin this sentiment? Google and Apple will be reporting next week. They represent around 20% of the index. FOMC announcement. Any surprise could lead to a liquidation move. Next week will be several OPEX days.
For now, there is no sign of the bulls slowing down. A decisive breakdown of the trend line would be a first sign of the sentiment change.
04/27/2019
For now, there is no sign of the bulls slowing down. A decisive breakdown of the trend line would be a first sign of the sentiment change.
04/27/2019
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.