Aqa
12-20 19:36
The market has dropped 6.15% in the last ten days. This is the longest decline for The Dow Jones Index in nearly 40 years. What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.. I would buy the dip first. From a technical perspective, the Dow appears heavily oversold in the short term, and the TD Sequential Indicator on the daily chart is signaling a potential reversal. If the Dow stabilizes in the coming days, we could see a rotation from tech stocks to value stocks, with tech pulling back and value catching up. The market sentiment is slightly on the bearish side so do invest cautiously. Do due diligence before each trade. Thanks for sharing @MillionaireTiger @icycrystal
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment