In technical analysis, divergence is an important analytical method used to judge the reversal or continuation of market trends. The following is a detailed introduction to divergence: Definition Dive...
Chinese Auto Exports to Russia Drop Sharply Following a brief surge in demand, Russia’s demand for imported Chinese cars is declining due to Moscow’s tightening trade policies and rising g...
✔ 85.68% of S&P 500 components are trading above their 20-day moving average.✔ 77.73% of S&P 500 components are trading above their 50-day moving average.✔ 54.67% of S&P 500 components are...
The difference is back then we had trillions from central banks and promise to ‘make investors whole’. Now we have ‘wait and see’ at restrictive policy. Source:Bloomberg...
Summary of the US Market Trading Day on May 15 Source: Barchat.com...
When the long-term support line is broken down, the support turns into resistance....
Fed Chair Powell: Need to Reconsider Employment and Inflation Strategies in Current Monetary Policy Fed Chair Powell said that given the inflation experience in the past few years and the fact that su...
Formation of the Pattern The symmetrical triangle is formed by two gradually converging trend lines. The upper trend line is a downward-sloping resistance line, and the lower trend line is an upward-s...
