Yield Elevated In US Bonds, Bull In DJ30 May Be Obstructed
which online trading platform is best in malaysia–HXFXglobal reminds you:
The Yield Of US 10Y Bond Spiked To Six-Weeks High, Attraction For DJ30 May Be Deducted
Investors are recommended to consider marginal and short-term Short near 36580, Take-Profit at 36150, Stop-Loss by 36750.
As the concerns from the Investors to the impact on Omicron has reduced. The corporation performance prevailed, especially, Tesla, whom has produced over 305,000 electric cars only for Q4 last year, moreover, the sum of production of year 2021 has exceeded more than 930,000 cars. The history making output has made it’s stock to skyrocketed. Meanwhile, APPLE also broke the history record with over 40 million iPhone 13 sold from the X’mas holiday. The tremendous sales on the big head in the industry has consecutively boosted US Stock and the market sentiment up. However, some institutions did forecast FED may be raising the Interest Rate by at least 3 times this year, accompanied with the Yield on US 10Y Bonds made six-week high could both be factors to shredded the attraction on the stock market.
In 4Hrs range, 5 & 10MAs in rebound. KD consolidates after the rebound. MACD shown contraction on negative column with consolidation on DIFF & DEA. As the fact that DJ30 has fall in the congestion region after the rebound, when vacillating, Bollinger Upper Band do played a huge role with resistance. Investors who holds the Long order(s) may attempt to cash-out the order(s), otherwise, would believe High-Throw for short-term Short position is the best concept with best possible interest.
*Information above belongs to 3rd party media comments, can only be use for references and doesn’t represent our platform’s opinion. Investor should maintain sole-determination, self-evaluation required and be responsible for own action.
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