The US market is growing today. SP500 approached the resistance of 4160 points. For 3 days in a row, resistance did not allow to grow further and there were rollbacks, as we will see this time tomorrow.
Initial jobless claims fell from 211k to 200k in a week (forecast: 210k)
In May, employment in the private sector increased by 128 thousand after 202 thousand in April (forecast: 300 thousand). We are waiting for the key report on the US labor market for May on Friday.
Chinese companies are growing along with the US. Bilibili shows itself well +11.67
$BILI
Overcame the important resistance of EMA 50. Now it is important to gain a foothold at $25. It is still difficult to grow further RSI has come to the oversold zone. In principle, speculatively, you can fix profits. There is strong resistance in the form of a trend line around $26 (the former lower border of the 2021 descending channel)
The Russian market has been declining for the fifth day. The fall may last until the support level of 2290 points. There are no drivers for growth, as well as positive news from the word at all.
S&P 500 (US 500 index) +1.41%
Nasdaq (US Tech Index) +2.46%
Golden Dragon (100 Chinese companies listed in the US) +4.59%
KWEB (50 Chinese tech companies) +5.57%
Let's recap the past week.
The US market is growing today. SP500 approached the resistance of 4160 points. For 3 days in a row, resistance did not allow to grow further and there were rollbacks, as we will see this time tomorrow.
Initial jobless claims fell from 211k to 200k in a week (forecast: 210k)
In May, employment in the private sector increased by 128 thousand after 202 thousand in April (forecast: 300 thousand). We are waiting for the key report on the US labor market for May on Friday.
Chinese companies are growing along with the US. Bilibili shows itself well +11.67
$BILI
Overcame the important resistance of EMA 50. Now it is important to gain a foothold at $25. It is still difficult to grow further RSI has come to the oversold zone. In principle, speculatively, you can fix profits. There is strong resistance in the form of a trend line around $26 (the former lower border of the 2021 descending channel)
The Russian market has been declining for the fifth day. The fall may last until the support level of 2290 points. There are no drivers for growth, as well as positive news from the word at all.
S&P 500 (US 500 index) +1.41%
Nasdaq (US Tech Index) +2.46%
Golden Dragon (100 Chinese companies listed in the US) +4.59%
KWEB (50 Chinese tech companies) +5.57%