Warning Signs Flashing as Retail Stocks, Junk Bonds Crack Key Levels

📆 15/04/2024 14.34.00
📰 Investingcom

⏱ Reading Time:
22 sec. here
5 min. at publisher
📊 Quality Score:
News: 22%
Publisher: 53%

US Small Cap 2000 Berita

Ishares Biotechnology ETF,Ishares Russell 2000 ETF,SPDR® S&P Regional Banking ETF

Market Overview Analysis by Michele Schneider covering: US Small Cap 2000, iShares Biotechnology ETF, iShares Russell 2000 ETF, SPDR® S&P Regional Banking ETF. Read Michele Schneider's latest article on Investing.com

“Looking at the 6 weekly charts, I updated the horizontal, parallel lines to show that at these higher levels, all the Family are rangebound when you study the patterns from late February to now.

For junk bonds, until the price returns over the low of the weekly trading range, caution is warranted.This is the month of the halving. Notice how the weekly consolidation range between 60k-72k remains intact. KRE is still slightly above the weekly trading range. With long bond yields a bit softer, it is possible to see this sector hold up with a very low-risk entry point against the 50-WMA.Scan QR code to install app

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Retail Stocks, Chips: Weekly Price Consolidation to Spark Explosive Breakout?Stocks Analysis by Michele Schneider covering: SPDR® S&P Retail ETF, VanEck Semiconductor ETF. Read Michele Schneider's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Are Retail Stocks Poised for Further Gains?Stocks Analysis by Michele Schneider covering: XAU/USD, XAG/USD, US Small Cap 2000, Gold Futures. Read Michele Schneider's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »