An analysis of the upward trend in stock exchanges in recent years
Last week we saw some movements in the markets, will those corrections continue, or it is just a little break before new records
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| markets forecast |
This week the markets will be at low gear at the beginning of the week because there is holiday in us Independence Day 03-04/07/2017, but after that, we should expect some major moves in the markets
On Friday Nonfarm Payrolls will publish – forecast are + 175K Change in the number of employed
Markets are increasingly betting against the Fed’s willingness to tighten. A flattening yield curve has many economists concerned about a potential Fed policy ‘mistake’ that could lead to a recession. The Fed says it will hike once more this year but with the spread between 2-year and longer maturity paper collapsing many are worried the Fed is tightening too quickly. The spread between the 2-year and 10-year notes has shrunk to its lowest since last August’s nine-year low.
Technical analysis:
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| NASDAQ 100 ANALYSIS |
I expect that stock indexes around the world will go to close the last price gaps created, this time ill focused on the Nasdaq 100 – open gap on 5430-5480 price levels (last April)
The index produces negative deviations since the last record level in the region of 5,900 points, If the deviations are indeed caught, then the closing of the Gap should be expected and even a drop to lower areas of 5320-5400 pts- marked on the charts
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| Commitments of Traders |
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice