https://www.scmp.com/native/business/ba ... e=homepageWest vs the rest: as Ukraine war rift grows, peace must be the priority
https://www.cnbc.com/2023/03/03/amazon- ... ginia.htmlGlobal financial activities see gravity shift from Western hubs towards Asia
3-05-2023Amazon pauses construction of second headquarters in Virginia
The fundamentals are still not very good. With low liquid in the stock markets and the increase usage of short term options, one has to be careful. It is a traders' markets. Last Friday, every sectors are up with SPX bounce above 200D MA but for how long ? The debt ceiling crisis is coming around the corner. I am still a bear and invest lightly in this environment.
$VIX - is consolidating sideway, it is very difficult to trade in this environment.
I am still bullish in the China stock, FXI chart is bullish with a potential H&S pattern.
$USD short term potential cling on along the resistance line, one cannot be too bearish unless it breaks the support line
$CDNX is still in triangular pattern, potential high rewarding once it breaks out from the triangle. This is a weekly chart, so it may take a while.