#MCD
The trend is descendant. The share trades are between 365 and 135 moving averages. The mirror level of 240.00 restrains buyers. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.
Trade idea:
Sell when the 234.00 level …
The general trend is ascendant. The descendant wave structure is truncated. The currency pair trades between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through …
News of the day, Wednesday, March 23
Despite the recent rate hike by Fed, the S&P 500 rose rapidly by 6,2% last week, showing the most positive results since November 2020. However, Morgan Stanley strategists do not expect it to last long. The Treasury yield curve for 10-year and two-year …
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