Investors will look for further confirmation of the private sector’s recovery from the pandemic as the earnings season gathers pace, with dozens of companies from a wide range of industries will report quarterly results this week. So far with one week in, companies are beating earnings estimates by a wide margin of more than 84%, according to...
OANDA:SPX500USD SPX500USD 2021 Apr 19 Week (Intraday) Again long on pullback worked for last week. Last H4 bar, price went into overbought and returned into the channel. Trade plan for this week is to continue to follow the channel and long on pullback, preferably at bottom of channel. Like and Follow if you find this useful : ) Have a good trading week ahead!
Price volatility is expected to pick up this week. First-quarter earnings season gets underway with updates expected from major banks such as JPMorgan Chase ($JPM), Citigroup ($C) and Wells Fargo ($WFC). While results are expected to be fairly strong, most will be watching to see what companies say about the outlook for the current quarter and the rest of the...