So question is if this indicates a further stock market sell off? No not really. What still is speaking against is the CPI and PPI data , which is conflicting with the prognoses of f.e. the FED , the data still remains solid, of course there is a risk that data will further drop but at least after 2 months you should be able to see effects, which is not the case because of inconsistency what the Trump administration says and what the real result is.
Apple Inc stock forum
So question is if this indicates a further stock market sell off? No not really. What still is speaking against is the CPI and PPI data , which is conflicting with the prognoses of f.e. the FED , the data still remains solid, of course there is a risk that data will further drop but at least after 2 months you should be able to see effects, which is not the case because of inconsistency what the Trump administration says and what the real result is.
Sell range: 206.34 - 206.60
Stop Loss: Set accordingly
Targets:
- 205.60
- 205.20
- 204.80
- 204.20
Market condition: Waiting for market to take out previous swing high liquidity.
Disclaimer: DYOR (Do Your Own Research). Not financial advice.
tradingview.com/x/cokweh5s
