TLT
From a post view to analyze the market these days, "everybody" knows from the media that the reason is "fear of hyperinflation"
But how much inflation is high enough and when does this correction ends?
jump into my conclusion : the correction is ending soon.
Why?
there are 5 reasons to look for :
1 correction was triggered by diving T-note, looking at...
NYSE:SNOW
keep close eye on SNOW, currently on the last wave of five, and 4 hr MACD already shows divergence, if Tech rebound, SNOW will form a pretty support for the days to come!
NASDAQ:MTBC
mtbc just updated their guidance, tune down a bit, but still expect faster growth.
in the next week, it will be crucial for the bulls, if price can stay above 9.5, then 60 SMA will cross 120 SMA, it will be positioned to test 11.8 level.
But if 9.5 failed, then all SMA will line up to be a bear case
NYSE:BAC
With vaccine news, banks are expected to have less money put aside to cover default-risk-related assets, that is the recent run up.
Also the fed Rate has "quietly" go up and US 10Y also run up which cause this bank bull run.
so Bull side: more vaccine/news rally this can go to test 30.4 level , which could be a strong resistance.
Bear side:...
TVC:DXY
Bullish for US equity, due to a bearish Dollar, it is heading down to test 2018 DXY resistance, and before now to then, market will keep rally, also VIX heading down to fill the gap prior March, SPX,DJI making bullish break out.
NDX has signs of moving. watch to keep adding on more, and watch out for pull back when VIX/DXY hit resistance. and market...
NASDAQ:DBX
Watch out for area b/t 2 red line, previous heavily traded area, if price can stay in b/t for another 20-30 days, all MAs will be aligned for a huge run-up.
If rush up too much, then maybe a false break out since 200MA still huge resistance to the price
Sentimental :
lots of youtubers pumping it. SAAS overall high value VS DBX "poor" P/E ( due to...
