Morning Traders,
Big news overnight was the Facebook (Meta) news. FB is down 25 percent in the overnight session, which will likely have some effect on the overall index because of its size.
Otherwise, the market has run into the volume above us and is pulling back now. This doesn't mean that a reversal has happened and we are going to plunge, it's just a very common occurrence when the market runs back into a heavily traded area.
I'd look for the market to try and take back 4600 but you need to keep an eye on FB volatility today.
Big news overnight was the Facebook (Meta) news. FB is down 25 percent in the overnight session, which will likely have some effect on the overall index because of its size.
Otherwise, the market has run into the volume above us and is pulling back now. This doesn't mean that a reversal has happened and we are going to plunge, it's just a very common occurrence when the market runs back into a heavily traded area.
I'd look for the market to try and take back 4600 but you need to keep an eye on FB volatility today.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.