M 20P 01/20/2023 pour NYSE:M par ericflushboys

1. Yearly bar red, normally the next year going to make a new low
2. recession not going to benefit macy's
Risk:
It MAY pops to 21.75 level to reclaim the resistance if the market bounce recently
Important CPI and unemployee data will be released before next thursday

Commentaire:

market sentiment is bullish after unemployee release(salary increase slowly), spx pops to 3900 and it is going to test 3900-4000 level in next week.
Next thursday is cpi day, looks like cpi is under control. However, the Q1 earnings is coming, which is a big bearish earning season. Wait for short again

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.