pootpoot
:
i think that it will continue dipping for abit before a small rebound towards FOMC. by then, have to see the market reaction to evaluate if theres any rate cuts, how much and is the economy still strong or getting stronger.
104723732
:
Definitely a red week next week. All technicals are pointing bearish. I suggest unloading your portfolio now and / or load up on uvix ( it flourishes when market is volatile)
Tonyco
101724843
:
Maybe, but with the options of profiting from the fall of price, you have competing forces. Maybe that's why it is so unreliable in a vacuum.
In context of now, those indicators are unreliable because of social sentiment and market trends all against it. I think it will be a little while, but it should slow down. Eventually it will go up again. You don't become as big as NVDA on a 1 trick pony
101721316 : no rebound
101724843 101721316 : this is not how market works.
101724843 101724843 : if technical indicator works, no one will lose the money
pootpoot : i think that it will continue dipping for abit before a small rebound towards FOMC. by then, have to see the market reaction to evaluate if theres any rate cuts, how much and is the economy still strong or getting stronger.
InfiltradeR : Tech sector got hammered for a week. I think there will be recovery on Mon & Tues since economic data only come on Wed "Sept 11".
JaiWyckoff : MACD still sell signal
104723732 : Definitely a red week next week. All technicals are pointing bearish. I suggest unloading your portfolio now and / or load up on uvix ( it flourishes when market is volatile)
Talented Mr Ripley : testing $94.0 very soon
Tonyco 101724843 : Maybe, but with the options of profiting from the fall of price, you have competing forces. Maybe that's why it is so unreliable in a vacuum.
In context of now, those indicators are unreliable because of social sentiment and market trends all against it. I think it will be a little while, but it should slow down. Eventually it will go up again. You don't become as big as NVDA on a 1 trick pony