Weekly market preview Feb 20 – Mar 1 ( PCE release , Macro consideration )
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Broad market overview 1 day after Nvidia led Market rally on Thursday session, Feb 22; there isn’t any follow through on Friday , Feb 23, Semi’s close at -0.6% and Nasdaq closed at -0.3 % , while Transport gain 0.6%. the rest of the market is not moving much. Basically there’s no follow through after Nvidia led Rally. Evidently, Participants have taken some profit and staying on sideline. But the Onus is on Bull to prove themselves by following through to the upside. Will it breakup and rally further or Retrace back into 17100 to 18100 range ? this is some we will monitor closely in the coming sessions.
Weekly market preview Feb 20 – Mar 1 ( PCE release , Macro consideration )
Weekly market preview Feb 20 – Mar 1 ( PCE…
Weekly market preview Feb 20 – Mar 1 ( PCE release , Macro consideration )
Broad market overview 1 day after Nvidia led Market rally on Thursday session, Feb 22; there isn’t any follow through on Friday , Feb 23, Semi’s close at -0.6% and Nasdaq closed at -0.3 % , while Transport gain 0.6%. the rest of the market is not moving much. Basically there’s no follow through after Nvidia led Rally. Evidently, Participants have taken some profit and staying on sideline. But the Onus is on Bull to prove themselves by following through to the upside. Will it breakup and rally further or Retrace back into 17100 to 18100 range ? this is some we will monitor closely in the coming sessions.