The recent pattern of US stock movements!

Submitted by NoneScan65 t3_1245igx in wallstreetbets

U.S. stocks: The recent pattern is that if you open high, you have to go low, and if you open low, you have to go high. The market is going through a small range oscillation, in fact, such a market is ideal for repeated trading without greed.

The SPYX has oscillated close to 3% from its opening spot on Friday to today's opening low. The result of this oscillation is a breakout in one direction or the other, which once broken will be a pretty good period of trending sentiment. Today's pre-market because of the easing of the Bundesbank crisis and SVB's assets were acquired by FIRST CITIZENS, which represents the release of risk in the banking system, leading to a rebound in European stock indices and a strong opening for U.S. stocks, but such strength in technology stocks on behalf of NASDAQ and SPY are difficult to sustain, although SPY closed in the green but still opened high and low, the three major indices only Dow Jones rose 0.6%, may also be a catch-up to the previous weakness. The banking industry temporarily said goodbye to tension does not mean that the risk crisis is completely lifted, as long as the Fed maintains a tight monetary policy even if it no longer raises interest rates, but to keep interest rates high for a long time, then the trend of funds flowing from ordinary bank accounts to the short-term bond market will not change; the trend of funds flowing from small banks to large banks will not change; and over time, all types of banks and financial institutions will also face financial products continue to cash The pressure of losses, as long as the FED policy does not appear to reverse, the pressure on banks can only get higher and higher.

Today there is also a very noteworthy news is that oil surged 5% today, stronger oil prices on inflation control is definitely not good news, from the monthly chart, oil in five consecutive down after a very long lower shadow line, the technical graphics look very much like a phase bottoming signal, will This become another inflation turn an inflection point, we will see what happens.

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VisualMod t1_jdxtqpj wrote

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>TL;DR: Today's market is too uncertain, so we need to keep an eye on the market.
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VisualMod t1_jdxtrnp wrote

>The recent pattern in the stock market is that if you open high, you have to go low, and if you open low, you have to go high. The market is going through a small range oscillation, which is ideal for repeated trading without greed. Today's pre-market was strong due to the easing of the Bundesbank crisis and SVB's assets being acquired by FIRST CITIZENS, representing the release of risk in the banking system. However, such strength in technology stocks on behalf of NASDAQ and SPY are difficult to sustain, although SPY closed in the green but still opened high and then quickly went lower. The three major indices only Dow Jones rose 0.6%, may also be a catch-up to the previous weakness. The banking industry temporarily said goodbye to tension does not mean that the risk crisis is completely lifted; as long as Fed maintains a tight monetary policy even if it no longer raises interest rates but keeps rates higher for an extended period of time then trend of funds flowing from ordinary bank accounts into short-term bond markets will not change; neither will flow of funds from small banks into large banks – over time all types pressure on banks can only get higher and higher until FED policies show signs reversing . Today there was also very noteworthy news regarding oil surging 5% today – stronger oil prices control inflation definitely not good news! From monthly chart: after five consecutive down daysoil formed very long lower shadow line technical graphics looked like phase bottoming signal – could this become another inflationary inflection point? We'll see what happens next...

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Snoo_96430 t1_jdy0ui2 wrote

Oil is not even close to the Bush year highs and you trumpist clutching their pearls about Biden. Jesus poor people suck

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Aggressive_Bit_91 t1_jdy3sff wrote

This is WSB keep your fragile political views out of this sub nerd imgimg

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Snoo_96430 t1_jdy424g wrote

Like I said poor's like u suck so thanks for proving my point.

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indexedfun t1_jdxznam wrote

RE your last paragraph: Oil and stupid bidens energy plan are why inflation became runaway inflation. Remember that scare we had? 10 dollar gas and 15 dollar diesel. That, friends, was the cunt hair that broke the cameltoe’s back.

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