Invest
10 Minutes Weekly Picture: Equity Direction Remains Uncertain on Relief Rally, Bitcoin Morphing Out Its Second Successive Bearish Flag, Trading Ideas: $DQ (27th June 2022 – 1st July 2022)
By Jeff Sun Trading  •  June 27, 2022
The first half of what has been an exceptionally turbulent year in markets is ending (worst first half of the year in a decade), with investors wondering whether the next six months could bring some respite or more volatility. Major Indexes are down between -13.3% (Dow Jones Industrial) to -25.8% (Nasdaq) year-to-date. The rally effort last week points to similar technical characteristic of oversold bear rally that took place in the week on 20th May last month. The European Central Bank (ECB) will hold its annual retreat in Portugal (Sintra Forum), where President Christine Lagarde, along with Federal Reserve Chair Jerome Powell and Bank of England Governor Andrew Bailey will appear at a panel discussion on Wednesday. Investors will be seeking for clues on how the central banks view the trade-off between curbing inflation while still trying to ensure a soft-landing for the global economy. The economic calendar...
Read the full article
By Jeff Sun Trading
Jeff Sun is a independent trader, an accredited investor (Securities and Futures Act, Singapore), and an avid private/public equity real estate, and specialist builder engineering firms investor, with Certified Financial Technician (CFTe) accreditation by the International Federation of Technical Analyst; and graduand of (with distinction) Institute of Trading and Portfolio Management.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance