For most part of the day it just felt there’s a lack of thrust as market struggled to grind higher, but it didn’t take much
Read More A +ve session with strong move mainly on areas of tech and china groups. Worth to note all 3 main indexes still remains below their
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Another broad based orderly selloff to the market, another day of shaving down exposure. Both $SPY & $QQQ have sliced through its rising 20MA, leaving
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Enthusiasm to anticipate a re-test of downtrend line on SPY was dampened with suggestion of Fed benchmark rate to be higher than the expected 5%.
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Quiet week ahead on economic data front (ISM Services on Monday, PPI on Friday) reducing risk of data driven gap down opening throughout the week.
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