Market Recap for Wednesday, April 12, 2023


SwingTradeBot 6 months ago

What are your thoughts on 'today's (2023-04-12) market action?

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Magneto296 6 months ago

The eurostoxx 50 definitely rejected an attempting move higher, and the NASDAQ, moved lower to close below 12,000, and below the trough it made a few days ago. Line graphs, as displayed on the BBC, market data site, can be laughed at, but those line graphs representing the close, are useful in determining the immediate trend, when the line either crosses a small.peak upward or alternatively crosses a small trough downward. Obviously there is nothing that is 100%, but 70%, is good enough. 

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