27/02/22
After panic sold off due to Russia-Ukraine War, market rebound back on last Friday with over 800points. The rebound might be due to FOMO (Fear of missing out). Trader/Investor jump in to buy the dips.
From chart perspective, we may see the upside hype continue unless Russia decided to use FOAB (Father of all bomb) to cause another wave of panic. Watchout for few crucial level:
34k, 35k, 35.6k.
Besides the war tension, we have to pay close attention to upcoming economy data which may have an impact on the rate hike decision.
After panic sold off due to Russia-Ukraine War, market rebound back on last Friday with over 800points. The rebound might be due to FOMO (Fear of missing out). Trader/Investor jump in to buy the dips.
From chart perspective, we may see the upside hype continue unless Russia decided to use FOAB (Father of all bomb) to cause another wave of panic. Watchout for few crucial level:
34k, 35k, 35.6k.
Besides the war tension, we have to pay close attention to upcoming economy data which may have an impact on the rate hike decision.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.