Market Reversal Fueled by Biden's Positive Remarks on US - NQM
In today's trading scenario, we witnessed a fascinating turn of events. The market initially opened with a downward wick, touching the previous day's closing level and the London session's support. However, the tide swiftly turned, largely attributed to President Biden expressing positive sentiments about the avoidance of the US debt ceiling. This optimism sparked a notable shift in market sentiment.
The levels I outlined at the open were as follows:
Downside: 13505, 13483, 13460, 13430
Upside: 13540, 13575, 13600, potentially reaching as high as 13660.
These levels served as significant benchmarks for today's trading. The upside, though, ventures into somewhat uncharted territory as we have not tested these areas since the highs of August 2022. As we tread these waters, it's crucial to remain vigilant and adaptable to the market's responses to macroeconomic news and global sentiment.
Stay tuned as we continue to track the market's reaction to these crucial levels, and navigate our trading strategies accordingly.
The levels I outlined at the open were as follows:
Downside: 13505, 13483, 13460, 13430
Upside: 13540, 13575, 13600, potentially reaching as high as 13660.
These levels served as significant benchmarks for today's trading. The upside, though, ventures into somewhat uncharted territory as we have not tested these areas since the highs of August 2022. As we tread these waters, it's crucial to remain vigilant and adaptable to the market's responses to macroeconomic news and global sentiment.
Stay tuned as we continue to track the market's reaction to these crucial levels, and navigate our trading strategies accordingly.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。