WTI 28/9 - On the da...来自Wui Feng

WTI 28/9 - On the daily timeframe, we could see that it's on the bullish momentum on WTI based on MA 50 (dark blue line) and MA 200 (ocean blue line). The price rebound on the support level MA 200 while could not break the MA 50 resistance line. My suggestion is when it breaks the resistance level, it marks that it will go further up. While on H4, H1, M30 and M15 show the bullish signal as well. #WTI.F# #CrudeOil#

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The STOXX Europe 600, also called STOXX 600, SXXP, is a stock index of European stocks . This index has a fixed number of 600 components representing large, mid and small capitalization companies among 17 European countries #Knowledge#

Wui Feng

MKE Technical Research Regional Traders’ Almanac 20200914 Tech Stocks Bubble or just a Healthy Correction? For the first time since the Mar-20 low, the NASDAQ Index has broken below the uptrend line. Despite the euphoria rally in Tesla, a major chunk of the index weightage comes from Apple, Amazon and Microsoft. Baring Apple, both Amazon and Microsoft already traded below the 50-day EMA line thus could keep the overall pressure on the downside. We don’t think this is a” bubble” although the current correction is set to continue. We expect the index to test the lower support at 10,300 and 9,700 in the short to medium term. #NASDAQ#

Wui Feng