US 10Y yield control low holds well with lesser impact on stocks
Hi everyone, I note that the US 10Y yield is having lesser impact on stocks! That's something I'm hoping for a couple of days ago.
though, from the daily chart, the control low holds well with a high possibility of forming another higher high. I don't know if market becomes volatile again with yield reaching new highs, say 1.8%.
Hopefully, not!
I'm counting the days of shifting the focus back on corporate earnings. That's the key in the near future! Disappointed earning reports will trigger another sell-off with no doubt, especially for tech companies.
Better results give people better imagination.
though, from the daily chart, the control low holds well with a high possibility of forming another higher high. I don't know if market becomes volatile again with yield reaching new highs, say 1.8%.
Hopefully, not!
I'm counting the days of shifting the focus back on corporate earnings. That's the key in the near future! Disappointed earning reports will trigger another sell-off with no doubt, especially for tech companies.
Better results give people better imagination.
ملاحظة
Control low works and it may consolidate for a while before heading up again.ملاحظة
Now, another higher high is pending formation. Trend continues.
plan your trade and trade your plan
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plan your trade and trade your plan
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.