FUNDAMENTALS
interest rate hikes, rising inflation, macroeconomic uncertainty, global pressures and the strong US dollar are just a few fundamentals.
The potential reopening of China poses a threat to many tech100 companies, as share prices also plumet. i.e apple and tesla.
TECHNICALS
-highs have been liquidated
-Overall bearish market structure (i.e H&S on 4hr/daily)
-DXY is overextended to the downside and showing potential retracenent
-
interest rate hikes, rising inflation, macroeconomic uncertainty, global pressures and the strong US dollar are just a few fundamentals.
The potential reopening of China poses a threat to many tech100 companies, as share prices also plumet. i.e apple and tesla.
TECHNICALS
-highs have been liquidated
-Overall bearish market structure (i.e H&S on 4hr/daily)
-DXY is overextended to the downside and showing potential retracenent
-