S&P 500, NAS 100 Experience Choppy Price Action as Treasuries Rise, More Earnings Ahead

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US Indices struggle on rising US Yields even though earnings remain upbeat. Where to Next?

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 0.95% Oil ...Geopolitical Uncertainties and Robust US Data Give Market Participants a Headache as Evidenced by Retail Trader Sentiment.trading down 0.

In other news Nvidia dipped around 3.5% on news that the Biden administration plans to halt shipments of AI chips to China. More earnings are expected tomorrow with full data available on theElevate your trading skills and gain a competitive edge. Get your hands on the US Equities Q4 outlook today for exclusive insights into key market catalysts that should be on every trader's radar.

The daily candle close yesterday completed a morningstar candlestick pattern but so far failed in its attempts at a bullish continuation today. There is a chance that price could remain rangebound this week without any major changes on the geopolitical front and if Earnings dont throw up any surprises. For now, the range between 4400-4318 needs to be monitored with a break out in either direction a possibility at this stage.

 

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