Daily strategy, Signal of Investment

TECH100 Stand Still-trusted trading apps malaysia

trusted trading apps malaysiaHXFXglobal reminds you:

FED Is In The Hawkish Side, TECH100 Stand Still

trusted trading apps malaysia-HXFXglobal-FED Is In The Hawkish Side, TECH100 Stand Still_Technical Analysis

FED May Rapidly Shrink The Size Of Its Balance Sheet, TECH100 Rebound Is Limited.
Operation Suggestions
Investors are suggesting to trade in 14600 with a sell order in short-term, take profit on 14370, stop loss on 14690.
Buffett’s Berkshire Hathaway disclosed that it had purchased a $4.2 billion stake in HP and held about 121 million shares of the company, boosting HP’s surge, while technology stocks Microsoft and Apple rose, driving the TECH100 rebound after fells deep. But the minutes of the FED’s March meeting hinted that it may need to raise interest rates sharply and quickly begin to shrink the size of its balance sheet. Bullard, St. Louis FED President  says another 300bps increase in the federal funds rate is needed by the end of the year, and this make the trend of TECH100 got pressure.
Technical aspect
In the 4-hour K-line chart, 5, 10, 20MA arranging after fell, K-line is below 60MA, KD indicator rebounded, MACD histogram in negative value, MACD double line arranging, shocks in interval after short-term fells, the middle rail of Bollinger Bands constitutes resistance, rebound can take the profit of buy order. Investors are suggesting can trade with a sell order in short-term when in a high position.
*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.

Get Free Trial Bonus, Free Experience Investment! The Journey Of Investing From Scratch.
Register for free at HXFX and get a free trial bonus to experience investment immediately! It’s easy and stress-free, you can withdraw your profits from trading! Professional analysts provide the latest market strategies every day and the daily investment tutorial that you can understand at a glances, all support you from 0 basics to investment experts!
Seats are limited, click me to get the free trial bonus now, let’s start your investment journey>>
Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.