Yesterday, the FED’s forecast for only two rate cuts in 2025 catalyzed the markets to usher in the correction we were already anticipating“if the index can stay at least above SPX5880, and especially last week’s low at SPX5696, we must allow it to ideally target SPX6060, possibly as high as SPX6175 before the next correction of around 5-7% can start.”“ can reach the typical c=a extension at SPX6175ish, but the 0.764x extension is around $6060.
Besides, W-iii typically targets the 123.60% extension of W-i, measured from W-ii. The W-iv then tends to correct back to the 61.80% extension, after which the last W-v targets the 161.80% extension. We were looking at W-iii to reach at least SPX606 in this case. See Figure 1 below. Thus, with yesterday’s -3% day, the red W-iv “correction of around 5-7%” we anticipated announced itself and should subdivide, as shown, over the next few days, to the ideal target zone of $5735-5810.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Nvidia Correction and Market DownturnNvidia's stock price fell into correction territory, marking the eighth consecutive day of losses for the Dow Jones Industrial Average. The market is showing signs of realizing that there are other beneficiaries of the AI boom beyond Nvidia. Meanwhile, the Federal Reserve is expected to cut interest rates further in the coming months.
ソース: nbcchicago - 🏆 545. / 51 続きを読む »
Market Moves: Nvidia Correction, Waymo in Tokyo, and Small-Cap SurgeCNBC Daily Open covers the latest market news, including a correction in Nvidia shares, Waymo's entry into the Tokyo taxi market, and the recent rise of small- and mid-cap companies.
ソース: CNBC - 🏆 12. / 72 続きを読む »
Dogecoin Price Dumps Over 25% Amidst Market CorrectionDogecoin (DOGE) experienced a significant price drop of over 25% in the past 36 hours, following a broader market correction in the cryptocurrency space. Analysts predict potential further decline towards key support levels.
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »
Here’s What BTC, DOGE, XRP Whales Did During The Market CorrectionCrypto Blog
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »
Nvidia Stock Correction Sparks Rotation in Semiconductor MarketDespite a recent correction in its share price, Nvidia remains a dominant player in the semiconductor and AI industries. Market analysts suggest that this decline has spurred investment in other semiconductor and AI-related companies.
ソース: nbcchicago - 🏆 545. / 51 続きを読む »