8 Charts Suggesting Stock Market Pullback Could Deepen in the Near-Term

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 87 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 53%

US Dollar Canadian Dollar أخبار

Nasdaq 100,S&P 500,Adobe Systems Incorporated

Stocks Analysis by Michael Kramer covering: US Dollar Canadian Dollar, Nasdaq 100, S&P 500, Adobe Systems Incorporated. Read Michael Kramer's latest article on Investing.com

Treasury yield surging past 4% for the first time since August, setting a cautious tone ahead of critical inflation data and the kickoff of earnings season.As stock markets pull back after recent highs, let's take a look at 8 charts suggesting the stock market correction could still have room to run.The S&P 500 fell 90 bps yesterday, closing at 5695, bringing the zero gamma level back into focus.

If the index gaps lower yesterday, it could create an island reversal top, initiating a move back to 5620. A drop below 5620 would push the index toward 5400.Both patterns suggest a move back to 18,480. This could be a significant move, as it impacts the larger bear pennant that has been forming in the index since the July peak.closed at its highest level since mid-August, potentially reclaiming resistance at 1.36.

There are a lot of assumptions being made about what the Chinese Communist Party plans to do, and maybe they’ll follow through, maybe they won’t. Personally, I don’t put my investing faith in the CCP.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stocks Week Ahead: Spotlight Falls on CPI as Calls for 25bp Cut Grow LouderMarket Overview Analysis by Michael Kramer covering: US Dollar Swiss Franc, US Dollar Canadian Dollar, S&P 500, US Dollar Index Futures. Read Michael Kramer's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

5 Hidden Risks in 2025 Earnings Estimates Every Investor Should KnowStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Microsoft Corporation, JPMorgan Chase & Co. Read Michael Kramer's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

5 Critical Charts Indicating the Stock Market Correction Could Have Room to RunStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Apple Inc, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »