$E-mini NASDAQ 100 Futures(JUN4) (NQmain.US)$$E-mini S&P 500...
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What are the effects of QE tightening which the FED talked about last wed that made the market sell off? How will it affect the markets in the future? I did an explanation together with next week outlook!
What are the effects of QE tightening which the FED talked about last wed that made the market sell off? How will it affect the markets in the future? I did an explanation together with next week outlook!
Do take some time to watch and understand what might come for future markets and also what to expect following week.
Stocks tagged do have their technical analysis done as well! Do believe you will take some stuff out from this video if you do take the time to watch.
As always trade safe & invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
https://www.youtube.com/c/investing101channel
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THEWIZARD : What is your technical view for $Ballard Power Systems Inc (BLDP.US)$ for this coming week?
Thank you.
THEWIZARD : Technical view for $QuantumScape (QS.US)$ as well, if you have the spare time.
Thank you.
Investing 101OP THEWIZARD: Will try do those later.
Investing 101OP THEWIZARD: This stock seems to be heading for support at 10.30. If break, 8.8 is next support and 7.1 is key support. Should at least get a rebound off there. It already broke in to previous order block so just wait for those 3 prices see which one has a reaction.
Investing 101OP THEWIZARD: Quantum scape support is 19.1. If it breaks there, there is no more historic supports. You will have to go on the fly and see which price point it hits with a significant rebound with volume. And you have to monitor after touching resistance whether it is rejected with high vol. If its rejected w high vol, recommend to take profit there as it might come back down.
Investing 101OP THEWIZARD: My bad. Used my tradingview and saw there was another support at 11.30. Moomoo didn't show me that
. But fibonacci extension also shows 13.52 as a possible support if it breaks 19.10. If 11.30 doesn't hold next could be 10.03
THEWIZARD Investing 101OP: Thanks bro.
Just doing day trades, scalping.
Not the time to invest in these yet.
THEWIZARD Investing 101OP: Thanks bro.
Also looking to day trade this one.
For now all day trades only.
After rates are hiked, see how the effect works, then shop around for some Blue Chips.