Why Equity Markets Could Still Trend Higher, Despite Sluggish Start
Why Equity Markets Could Still Trend Higher, Despite Sluggish Start
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Why Equity Markets Could Still Trend Higher, Despite Sluggish Start
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Source : Economic Times Source link
Screenshot During last April’s market decline, the ETF FFTY, based on the IBD50 index, entered a daily BWR decline.This means that the shorter term averages (red lines) were declining below the longer term averages (blue lines) such that there was a white space separating them, hence a BWR down-trend. FFTY subsequently entered a RWB up-trend…
Source: Financial Times Source link
March S&P E-mini futures: The ES is headed much higher over the coming months. Support is 6500. QQQ: Upside target is 640 and support is 568. TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway. Euro-US Dollar: The 112 level is support. Upside target at 120 has…
The markets witnessed a corrective move in a volatile week while ending lower. Nifty trended lower throughout the week and ended on a negative note. The index oscillated in a wide intra-week range of 733 points as it moved between 25,653 and 24,919. India VIX surged sharply by 24.80% to 14.19, indicating a sudden spike…
Jefferies upgrades Chemed as Medicare cap risk eases and buybacks support stock Source link