market has little more room to go up

I know that interest rate and all that news that economical data is in real trouble.

I obviously belive that stock market will fail real hard in 2023.

But why not take some more profit before the bigger crash?

ellliot 1-2-3-4 wave is gone and last wave 5 is about to appear soon.

my target is 4300 .
MACD is still strong and market has some confusion.

And China wants to do some re-opening stuff since they suffered with covid sanction harsh.

Also Hongkong is doing some tax benefit issue also.

Despite fed is hiking the rate. Major will move the market little more higher before they crash this bad boys.

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评论:

FED minute was overall dovish and market was expected. NVIDIA earnings were powerful that stock could go up much higher.

Overall bullish for now. Short term.

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