My dear friends, last week we interpreted the long-term analysis of some instruments, this week we will take a short-term (daily) look.
➕Please do not forget to follow and like to support us. (ICE Finance)
‼Shares involve risk; so please review our previous posts on trading discipline and capital and risk management.
🌐Fundemental Analysis
In the global stock market, US stock markets hold a large volume. Just as BTC is the locomotive in Crypto markets, it is the driving force of the world stock market in the US markets.
In the past days, we made a long-term assessment and touched on the aggressive tightening policies of the FED. While countries are going through monetary tightening, on the other hand, this tightening will try to alleviate the recession pressure on the economy. This may give us opportunities for long positions (buying) in the markets. Again, I am worried about the situation in the long term. It needs to be managed well. A new rabbit coming out of the hat, like the Ukraine-Russia war, can complicate the situation. I hope everything goes well.
📈Short Term US500(Daily)
The X point is higher than the previous low of 3640.
This is a strong signal for a short correction and buying opportunity.
If the downward trend is broken and the price can pass the 3950 resistance and hold above the resistance, the upward movement will be stronger. The next targets are 4070-4200 levels. My personal opinion is that the price will not rise much, but a rise to these levels may be a normal correction.
In other words, I find it difficult for the price to jump over the 4070-4200 band for now. The next price movements will provide us with more reliable data on this.
💥When buying prices, be careful not to buy at resistance levels, price-specific resistances will always make a downward correction. It will provide you with better buying opportunities.
Since a movement similar to the movement in the Crypto market is also seen in the stock markets, we can interpret this as an increase in the risk appetite in the global market in general. There is a similar movement in almost all stock markets. Important data will be published in the market this week, especially on Thursdays and Fridays, the volatility of the market may increase.
Kind regards...
I wish you the best of luck, hope to see you soon.
➕Please do not forget to follow and like to support us. (ICE Finance)
‼Shares involve risk; so please review our previous posts on trading discipline and capital and risk management.
🌐Fundemental Analysis
In the global stock market, US stock markets hold a large volume. Just as BTC is the locomotive in Crypto markets, it is the driving force of the world stock market in the US markets.
In the past days, we made a long-term assessment and touched on the aggressive tightening policies of the FED. While countries are going through monetary tightening, on the other hand, this tightening will try to alleviate the recession pressure on the economy. This may give us opportunities for long positions (buying) in the markets. Again, I am worried about the situation in the long term. It needs to be managed well. A new rabbit coming out of the hat, like the Ukraine-Russia war, can complicate the situation. I hope everything goes well.
📈Short Term US500(Daily)
The X point is higher than the previous low of 3640.
This is a strong signal for a short correction and buying opportunity.
If the downward trend is broken and the price can pass the 3950 resistance and hold above the resistance, the upward movement will be stronger. The next targets are 4070-4200 levels. My personal opinion is that the price will not rise much, but a rise to these levels may be a normal correction.
In other words, I find it difficult for the price to jump over the 4070-4200 band for now. The next price movements will provide us with more reliable data on this.
💥When buying prices, be careful not to buy at resistance levels, price-specific resistances will always make a downward correction. It will provide you with better buying opportunities.
Since a movement similar to the movement in the Crypto market is also seen in the stock markets, we can interpret this as an increase in the risk appetite in the global market in general. There is a similar movement in almost all stock markets. Important data will be published in the market this week, especially on Thursdays and Fridays, the volatility of the market may increase.
Kind regards...
I wish you the best of luck, hope to see you soon.