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PREVIOUS IDEA (+900 pips taken) 👇👇
U.S. stocks rose higher on Thursday during the New York Trading session as investors are finding refuge in large-cap tech.
Technically, The market is currently in a strong bearish momentum, we might still expect a move to the downside. Lower highs and lower lows still seems to be intact. Unless, otherwise the 14000 high and psychological level is breached to the top, and bulls defending the level that is when (probably) see a change in a trend. I will look for clear confirmation during the day especially during the New York session.
Investors are also monitoring the tension between Russia and Ukraine. As the tension continues to escalate, we need to carefully monitor how the market will digest to the geopolitical situation.
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