Is this a low or the low in the stock market $DJIA(.DJI)$$NASDAQ(.IXIC)$ ? What can we expect from the Wyckoff spring in S&P 500 $S&P 500(.SPX)$ while the war between Russia and Ukraine is on-going?
There are more buy signals (295) than sell signals (79) as shown up in my stock screener despite the bearish market sentiment. Refer to the screenshot below:
Risk management is extremely important to survive in this volatile market.
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Potential stagflation scenario could further tank the market, which is the worst case. Sanction against Russia will hit the global economy and a dovish Fed might fail to curb the inflation.
not a bullish structure after the wyckoff spring. How would a failure look like? That's to be considered as the development of war during weekend could stir up the market $S&P 500(.SPX)$
so far $S&P 500(.SPX)$ is still in a range 4270-4400. Cause building for higher upside or churning action? Decreasing supply pointed to the first if the support is holding up.
Ballistic move in commodity, gold, crude oil, aluminium, copper, wheat, corn, etc...Stagflation is here while the fed is in a dilemma, hawkish or dovish? Tough call [Glance]
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