Inflation surprise heats up! US January PPI accelerates beyond expectations
I. Major Indices: (1) $SPDR S&P 500 ETF (SPY.US)$ Signs of distribution at the top are evident, with bears gaining the upper hand; (2) $Invesco QQQ Trust (QQQ.US)$ Weak trend, intense tug-of-war between buyers and sellers; (3) $State Street® SPDR® Dow Jones Industrial Average® ETF Trust (DIA.US)$ Continues to operate within the uptrend channel, but bullish and bearish divergence is intensifying; (4) $iShares Russell 2000 ETF (IWM.US)$ Momentum weakening, entering a consolidation pattern.
II. Popular Stocks: (1) $NVIDIA (NVDA.US)$ Potentially forming the right shoulder of a head and shoulders top; (2) $Alphabet-C (GOOG.US)$ Has transitioned into a volatile trend, with bulls showing weakness; (3) $Tesla (TSLA.US)$ Moving towards a narrowing angle, presenting long opportunities; (4) $Apple (AAPL.US)$ Forming a symmetrical triangle, volume and price dynamics unfavorable for bulls; (5) $Microsoft (MSFT.US)$ Second test successful, entering a consolidation phase; (6) $Amazon (AMZN.US)$ Breakdown below the consolidation range support, opening up downside space; (7) $Meta Platforms (META.US)$ Symmetrical triangle structure, trend favorable for bulls; (8) $Applied Materials (AMAT.US)$ Uptrend, bulls in control of volume and price cycles; (9) $Lumentum (LITE.US)$ Operating within a long-term uptrend channel, may accelerate upward; (10) $Vertiv Holdings (VRT.US)$ After the second round of accumulation, an upward breakout has been confirmed.
III. Major asset classes: (1) Gold regains strength, beware of resistance near previous highs; (2) The US dollar is likely to remain within a distribution range, potentially breaking downward; (3) Panic selling and secondary testing for Bitcoin and Ethereum have been completed, possibly entering a period of sideways consolidation.
$S&P 500 Index (.SPX.US)$ $NASDAQ 100 Index (.NDX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Russell 2000 Index (.RUT.US)$ $Roundhill Magnificent Seven ETF (MAGS.US)$ $USD (USDindex.FX)$ $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Bitcoin (BTC.CC)$ $BTC/USD (BTCUSD.CC)$ $Ethereum (ETH.CC)$ $ETH/USD (ETHUSD.CC)$ $iShares Ethereum Trust ETF (ETHA.US)$
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Comments (4)
to post a comment
15
