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U.S. Stocks Super Earnings Week Is Coming, Can TECH100 Reverse Its Decreasing In Short-term?
James Bullard Speaks Hawkish Again, How Should The TECH100 Operation?
【Operation Suggestions】
Investors are suggesting to trade with a sell order in high position in around 14000, target on 13900, stop loss on 14050.
【News】
Bullard, a hawkish of FED, once again said that he would not rule out a 75 basis point hike in interest rates and that multiple rate hikes of 50 basis points would be needed to quickly fight inflation. In addition, if inflation is not expected to decline rapidly, the accelerated reduction of the balance sheet will become a plan B. With the U.S. super earnings week approaching, investors are weighing between corporate revenue and treasury yields, and still need to assess the impact of the Russian and Ukrainian conflict and soaring inflation on companies. In overall, investors are suggesting to trade with a sell order when the price in high position as a main operation suggestion.
【Technical aspect】
In the 1-hour K-line chart,the price is located on the upper rail of Bollinger indicates the trend is bullish in short-term,the sub-indicator MACD multilateral momentum convergence and KD express line bends slightly, It is conducting for investors to trade with a sell order in a high position.On the whole, the short-term TECH100 may enter a volatile pattern, and trade with a sell order around 14000 will be backed by the resistance level.
*The above contents are the opinions of third-party media commentators, and do not represent the position of this platform. The opinions are for reference only. Investors should make independent judgments, prudently evaluate, and bear investment risks at their own risk.
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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.
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