The CFTC COT Weekly report shows that the net positions increased from 130k to 78k, bullish indicator. On the other hand, the candle from last week rejected the 0.5 and 0.382 fibonacci levels.
I will be waiting for tech earnings reports to get a direction of the index. I'm still expecting tech stocks to perform well despite the macroeconomic situation.
I will be waiting for tech earnings reports to get a direction of the index. I'm still expecting tech stocks to perform well despite the macroeconomic situation.
