SP500 4 possible scenariosSP500 has shown some weakness in the beginning of 2022...
All of us know that one of the most important reason behind such a 12% drawdown is Fed hawkishness...
At the time of writing smart money traders are pricing at least 5 interest rate hikes by the end of 2022, which is obviously putting pressure on the US stock market.
''Money today worth more than money tomorrow''
In addition to that we'll have QT most probably from the second quarter of this year.
On the chart I am showing 4 possible scenarios (maybe someone will see even more) of price movement from technical POV.
Fundamentally speaking I think and believe that we are going to see ATH this year around 4950-5000 zone at least. Also it is quite possible that we will see another lower low this year.
This week we had great results from such tech giants as MSFT and AAPL, which in my opinion is and will remain one of the most important bullish supporter.
We can see a very weak momentum and RSI or MACD indicators in the oversold territory. Also, huge volumes entered the market on the ''panic'' last week.
I hope to see a strong rebound in the short-mid term.
All the best,
GIgor_021
#tothemoon
Usstockmarket
US30 Live US30 Trade. But this is my personal view. This is not any kind of call or tip. Please consult your financial advisor before taking and position.
NASDAQ - support and resistanceNASDAQ / US100 support zones :
After taking support at 15160, Nasdaq seems to be heading for 16670 as forming HH / HL
My US stocks results from 13-9-2021 to 31-12-2021 ( 3.5 months )Hello everyone , I want to share with you my US stocks result
From 13/9/2021 to 31/12/2021 ( three months and half )
The total number of shares is 76
The number of winning shares is 41 in green 54%
The number of losing shares 19 in red 25%
The number of shares win like losers 14 in yellow 18.4%
The number of shares not closed yet 2 in White 2.6%
I can send the details in private messages
I wish good luck to everybody
Thanks