Social trend and summarized meme
Pretty sure a cooler than expected CPI report on Thursday morning was the catalyst for Thursday's rally...then overnight China unofficially leaked that they'd be easing zero Covid so it added a little gas to the rally on Friday...as for next week i think it's really going to depend on the earnings reports HD & TGT could set the tone/determine the direction for SPX, whereas NVDA & PANW could do the same for NDX
NVDA TGT PANWTechnical Analysis
| Oscillators | |||
|---|---|---|---|
| ADX | 27.44 | NEUTRAL | |
| AO | -14.51 | SELL | |
| BBPower | -30.40 | NEUTRAL | |
| CCI20 | -150.64 | NEUTRAL | |
| MACD.macd | -7.82 | SELL | |
| Mom | -20.26 | SELL | |
| RSI | 31.64 | NEUTRAL | |
| Stoch.K | 5.67 | NEUTRAL | |
| Stoch.RSI.K | 9.34 | NEUTRAL | |
| UO | 36.90 | NEUTRAL | |
| W.R | -92.00 | BUY | |
| Moving Averages | |||
|---|---|---|---|
| EMA10 | 316.26 | SELL | |
| SMA10 | 316.81 | SELL | |
| EMA100 | 346.78 | SELL | |
| EMA20 | 322.90 | SELL | |
| EMA200 | 358.35 | SELL | |
| EMA30 | 327.48 | SELL | |
| EMA50 | 334.82 | SELL | |
| HullMA9 | 307.59 | SELL | |
| Ichimoku.BLine | 326.41 | NEUTRAL | |
| SMA100 | 352.37 | SELL | |
| SMA20 | 327.46 | SELL | |
| SMA200 | 368.55 | SELL | |
| SMA30 | 329.39 | SELL | |
| SMA50 | 333.41 | SELL | |
| VWMA | 324.98 | SELL | |
| Date** | Open | High | Low | Close or Current | R500* | Mentions | Positive Mentions | Up Votes | Voted Sentiment** |
|---|
Not investment advice. Invest at your own risk.