Hello everyone!
This is my first thread. Got a question which is intriguing me for days now.
From a day trading perspective, considering a trend of an underlying (which can be a stock/currency-pair/commodity), when we question what's going to happen today, the answer is either the trend will continue (a continuation) or reverse (a reversal) or consolidate (indecisiveness).
Kindly provide an objective list of the governing fundamental factors that support and/or resist this continuation or reversal?
Thank you for your time.
This is my first thread. Got a question which is intriguing me for days now.
From a day trading perspective, considering a trend of an underlying (which can be a stock/currency-pair/commodity), when we question what's going to happen today, the answer is either the trend will continue (a continuation) or reverse (a reversal) or consolidate (indecisiveness).
Kindly provide an objective list of the governing fundamental factors that support and/or resist this continuation or reversal?
Thank you for your time.