This analysis examines major tech companies’ charts, noting concerning RSI and Fibonacci retracement levels. Amazon, Apple, Meta, Google, Microsoft, and NVIDIA all show similar tendencies. The conclusion advises caution due to potential drops.
The article discusses the current state of the American stock market, Bitcoin, and the Chinese stock market. It predicts a distribution phase in the US market, a bullish trend for Bitcoin, and a potential recovery in the Chinese market.
Analysis of market trends with the use of exclusive charts and a balanced presentation of various opinions
The global economy is facing a possible recession due to high inflation, rising interest rates and rising government debt amid concerns of insufficient oil by 2025. Liquidity injections have temporarily boosted markets, but consumers and governments are struggling financially.
CHECK OUT OUR LATEST VIDEOS AND LEARN ABOUT THE BEST OVERINVESTING ANALYTICS
About the blog
Your market analysis site. By Edgar García de Pereda.
Newsletter
Subscribe to my email newsletter full of inspiring stories about my journey that continues.
Designed with WordPress.com