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- The Market News To Get You Ready… (12/04/23)
The Market News To Get You Ready… (12/04/23)
How are the trades, trader!?
First of all, I hope you had a very profitable week.
Let’s begin with the best information to get you started.
Technical analysis suggests that the market could be poised for a bounce in this week.
The SPY is trading in a wide and weak rising trend, and this may normally pose a very good selling opportunity for the short term. However, the ETF holds buy signals from both short and long-term moving averages, along with other indicators, suggesting that the SPY may continue to rise in the next week, possibly reaching the 460 level or higher.
The QQQ is also trading in a rising trend in the short term. The ETF holds buy signals from both short and long-term moving averages. The ETF also has a strong momentum and a bullish MACD level. QQQ may continue to rise in the next week, possibly reaching the 400 level or higher.
Let's take a look at the ECONOMIC REPORTS and EARNINGS REPORTS for this week:


Earnings Reports (12/04/23 - 12/09/23)

This is all the information to get you ready for this week…
Now, let me tell you something.
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