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.
Nota
Control low works and it may consolidate for a while before heading up again.Nota
Now, another higher high is pending formation. Trend continues.
plan your trade and trade your plan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
plan your trade and trade your plan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.