Major Wall Street indices are trading under pressure on Thursday as the Fed induced rally lost steam. Declines are most profound on Nasdaq, which fell over 3.0% weighed by poor quarterly results from several companies including eBay, Shopify and Etsy. It seems that investors have realized that the Fed will continue to drive interest rate hikes, and currently high valuations of companies, especially in the technology sector, are unsustainable with such a policy, especially given the ongoing problems with supply chains and bleak economic outlook.
US100 bounced off the major resistance at 13560 pts and is currently heading towards a major support zone between 12880 pts and 13000 pts. Source: xStation5
āļŠāļĢāļļāļāļāđāļēāļ§āđāļāđāļē: āļāļ§āļēāļĄāļāļķāļāđāļāļĢāļĩāļĒāļāļāļ§āļēāļĄāļāļąāļāđāļĒāđāļāļāļąāļāļĢāļēāļāļēāļāđāļģāļĄāļąāļāđāļāļ° 100 āļāļāļĨāļĨāļēāļĢāđ (12.03.2025)
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 12 āļĄāļĩ.āļ.
Wall Street āđāļāļĨāļ·āđāļāļāđāļŦāļ§āļāļŠāļĄāļāđāļēāļĄāļāļĨāļēāļāļŠāļāļāļĢāļēāļĄāļāļīāļŦāļĢāđāļēāļ ð― āļŦāļļāđāļ Oracle āļāļļāđāļāđāļĢāļ 10%
ð US100 āļāļ·āđāļāļāļąāļ§āļāļĨāļąāļāđāļŦāļāļ·āļāļāđāļē EMA 100 āļ§āļąāļ
