\\n
\\n\",\"\\n(Last update 11:51am EST, March 19, 2021)
\\n\\nThe Dow Jones remains in the 32,725 range after starting the session at 32,862 and dropping 136.96 points.
\\nThe chart pattern study shows the Dow's nearest support level is at 31,962, followed by 30,924 at the next level. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative.
\\nOverall, looking at the technical analysis landscape, it seems Dow Jones is likely to continue pointing down in the short term.
\\nThe Dow started 2021 by gaining 6.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDow falls as bank shares decline as the Nasdaq pushes higher. https://t.co/PodGmPBLF3
\\n— TheStreet (@TheStreet) March 19, 2021
(Last update 11:51am EST, March 19, 2021)
\\n\\nThe S&P 500 recovered back to 3,918 after dipping down to 3,886.75 in a session that started at 3,915.46.
\\nImportant graph levels to look out for: S&P resistance level is at 3,934.83. In terms of trend indicators, we can see that at 3,914, S&P made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative.
\\nOverall, the technical analysis picture suggests S&P is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P 500 started 2021 by gaining 4.07%.
\\n\",\"\\n(Last update 11:51am EST, March 19, 2021)
\\n\\nApple was trading at $120.32 with no clear-cut direction, ranging between $121.43 and $119.67.
\\nThe Chart visual study suggests Apple is climbing away and is now $3.96 from the $116.36 support line.
\\nOverall, looking at the technical analysis landscape, it seems Apple might start pointing upward in the short term.
\\nWith a market cap of $2.02 trillion, The mobile and tech colossus started in 2021 by losing 10.09%. So far this year it is under-performing the S&P by 14.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNot everyone on Wall Street is an Apple ( $AAPL ) cheerleader… The most bearish analyst sees a 35% downside risk to investing in the stock.https://t.co/ApJLIPCGDg
\\n— TheStreet (@TheStreet) March 19, 2021
(Last update 11:51am EST, March 19, 2021)
\\n\\nAfter starting at $278.62 Facebook gained $11.96 and traded above the $290 level for the first time in 3 months.
\\nThe Chart visual study suggests Facebook's immediate resistance is around $294.47, nearest support level is at $273.97. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Facebook has just crossed the upper Bollinger band at $288.68, indicating further gains might be next. On the other hand, note that the Relative Strength Index shows Facebook has gone up above 70, going into overbought territory.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is likely to continue pointing upward in the short term.
\\nWith a market cap of $827.48 billion, The social media company started in 2021 by gaining 1.96%. So far this year it is under-performing the S&P 500 by 2.11%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook has become more proactive at restricting certain kinds of political speech, but misinformation researchers said the company also has had trouble identifying the slipperiest and subtlest of political content: satire. https://t.co/nZ7TKmuKrf
\\n— NYT Business (@nytimesbusiness) March 19, 2021
(Last update 11:51am EST, March 19, 2021)
\\n\\nCurrently light green but with no clear-cut direction, Amazon is trading at $3,040 after ranging today between $3,057 and $3,016.66.
\\nchart visual study suggests that although Amazon is green today and was as high as $3,057, it seems to be slowing down slightly and moving away from the $3,135.73 resistance line, and is now $95.57 below it.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $1.53 trillion, Jeff Bezos’s company started 2021 by losing 7.56%. So far this year it is under-performing the S&P by 11.63%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe NFL announced a new series of long-term, multibillion-dollar TV deals, including a historic contract giving Amazon exclusive rights to Thursday broadcasts https://t.co/a3QfNE1Ne9
\\n— Bloomberg (@business) March 19, 2021
(Last update 11:56am EST, March 19, 2021)
\\n\\nMicrosoft posts light gains on a low-volatility day, ranging between $232.47 and $229.35 and is now at $231.51.
\\nA study of Microsoft's chart pattern shows the nearest resistance level is at $245. In terms of trend indicators, we can see that even though currently pointing up, the medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Asset volatility analysis shows that the lower Bollinger band is at $227.48, indicating further gains might be next.
\\nOverall, technical indicators suggest Microsoft has no obvious direction for the immediate future.
\\nWith a market cap of $1.75 trillion, The software giant started in 2021 by gaining 3.6%. So far this year it is under-performing the Dow Jones by 3.26%.
\\n\\n
\\n\\n\\n\\n\",\"\\nHealthcare and tech firms including Microsoft and https://t.co/zPKWrsIoSj are behind an effort to roll out mobile apps that verify Covid-19 vaccination status https://t.co/5T18NWqagq
\\n— The Wall Street Journal (@WSJ) March 19, 2021
(Last update 11:56am EST, March 19, 2021)
\\n\\nAfter starting the day at $2,036.22 Alphabet went up to $2,048.18 only to drop back, yet is still positive overall today, trading now at $2,048.18.
\\nThe Chart pattern study shows the nearest resistance level is at $2,128.31. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that the lower Bollinger band is at $2,012, indicating further gains might be next.
\\nOverall, the technical analysis suggests Google is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.38 trillion, The search engine giant started in 2021 by gaining 13.96%. So far this year it is outperforming the S&P 500 by 9.89%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle searches reveal people are growing very worried about inflation https://t.co/9yTX4ewbnj by @BrianSozzi pic.twitter.com/NAqoSEyPjn
\\n— Yahoo Finance (@YahooFinance) March 19, 2021
(Last update 11:56am EST, March 19, 2021)
\\n\\nAfter dropping down to $624.62, Elon Musk's electric car company recovered some losses and is currently trading at $650.72.
\\nVisual analysis of the Tesla's price graph shows Tesla's nearest support level is at $563.
\\nWith a market cap of $624.60 billion, Elon Musk's electric cars company started in 2021 by losing 8.04%. So far this year it is under-performing the Nasdaq by 9.78%.
\\n\\n
\\n\\n\\n\\n\",\"\\nChinese military bans Tesla cars in its complexes on camera concerns: sources https://t.co/RkpDFZCbkT pic.twitter.com/CJNlJsLORX
\\n— Reuters (@Reuters) March 19, 2021
(Last update 11:56am EST, March 19, 2021)
\\n\\nThe video communications platform provider traded at $322.67 after starting the day at $316.32 and gaining $6.35 (2%).
\\nChart visual study suggests Zoom's nearest resistance level is at $355.17, followed by $364.73 at the next level. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that the lower Bollinger band is at $309.05, indicating further gains might be next.
\\nOverall, technical indicators suggest Zoom has no obvious direction for the immediate future.
\\nWith a market cap of $94.18 billion, The video communications platform provider started 2021 by losing 6.64%. So far this year it is under-performing the Nasdaq by 8.38%.
\\n\",\"\\n(Last update 11:56am EST, March 19, 2021)
\\n\\nSmall gain for Netflix at $508.66 after ranging today between $501.63 and $511.47.
\\nA study on Netflix's chart pattern shows Netflix could be slowing down soon as it is approaching and is only $15.78 away from resistance at $524.44, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Netflix dropped below the 200 day Simple Moving Average as it was trading at $503.67, usually an indication that a negative trend is ahead. Even though currently pointing up, the medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. In contrast, the lower Bollinger band is at $493.73, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Netflix.
\\nwith a market cap of $225.28 billion, The streaming company started 2021 by losing 7.12%. So far this year it is under-performing the S&P 500 by 11.19%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Netflix's password sharing crackdown makes sense in today's streaming world: https://t.co/1wenXOBsvz pic.twitter.com/YjFZnVZnQh
\\n— Forbes (@Forbes) March 19, 2021
(Last update 11:21am EST, March 19, 2021)
\\n\\nThe discount department and warehouse stores chain trades at $131 after starting the day at $130 and gaining $1 (0.75%).
\\nThe chart pattern study shows Walmart's nearest resistance level is at $139.27, followed by $147.2 at the next level. In terms of trend indicators, we can see that at $131.34, Walmart made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Walmart might continue pointing upwards in the short term.
\\nWith a market cap of $370.61 billion, The warehouse store chain company started in 2021 by losing 10.88%. So far this year it is under-performing the Dow Jones by 17.74%.
\\n\",\"\\n(Last update 11:21am EST, March 19, 2021)
\\n\\nProcter & Gamble is rallying again to $128.78 (up eight cents), after erasing earlier rally gains.
\\nImportant graph levels to look out for: Procter & Gamble's nearest support level is at $122.15. Momentum evaluation shows The Relative Strength Index shows Procter & Gamble has gone up above 70 going into overbought territory. Asset volatility analysis shows that the upper Bollinger band is at $129.78, indicating a downward move might be next. On the other hand, note that at $129.63, Procter & Gamble made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble might be pointing down in the short term.
\\nWith a market cap of $317.13 billion, The consumer goods company started 2021 by losing 8.11%. So far this year it is under-performing the Dow by 14.97%.
\\n\",\"\\n(Last update 11:21am EST, March 19, 2021)
\\n\\nCurrently light red but with no clear-cut direction, the entertainment and content production company is trading at $191.49 after ranging today between $193 and $189.76.
\\nVisual analysis of the Walt Disney's price graph shows Walt Disney might start to recover soon because it is getting close and is now only $3.46 from the support line at $188.03, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $188.88 – a low enough level to usually suggest Walt Disney is trading below its value. On the other hand, note that medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Walt Disney might reverse course and start pointing upward in the short term.
\\nWith a market cap of $347.60 billion, The entertainment giant started in 2021 by gaining 5.77%. So far this year it is under-performing the Dow by 1.09%.
\\n\",\"\\n(Last update 11:21am EST, March 19, 2021)
\\n\\nA mostly flat day so far for the soft drink company, ranging between $50.71 and $50.38 and is now at $50.51.
\\nThe Chart visual study suggests the nearest resistance level is at $50.77, followed by $51.64 at the next level, support levels are at $49, and followed by $48.15 further down. In terms of trend indicators, we can see that at $50.57, Coca-Cola made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $50.19, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.
\\nWith a market cap of $217.64 billion, The soft drinks giant started 2021 by losing 8.44%. So far this year it is under-performing the Dow Jones by 15.3%.
\\n\",\"\\n(Last update 11:21am EST, March 19, 2021)
\\n\\nThe pharmaceuticals and biotechnology company dropped 0.63% early on and is steadied at the $35.54 range.
\\nVisual analysis of the Pfizer's price graph shows Pfizer's nearest support level is at $33.49. In terms of trend indicators, we can see that at $35.55, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $36.22, indicating a further downward move might be next. On the other hand, note that the Relative Strength Index indicates Pfizer is in overbought condition.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Pfizer.
\\nwith a market cap of $198.27 billion, The pharmaceuticals and biotechnology company started 2021 by losing 2.91%. So far this year it is under-performing the Dow Jones by 9.77%.
\\n\",\"\\n(Last update 12:01pm EST, March 19, 2021)
\\n\\nLight green, mostly flat: McDonald's ranges between $224.37 and $221.03 and is now at $224.14.
\\nMcDonald's's graph levels to watch: McDonald's immediate resistance is around $225.03, nearest support level is at $215.98. In terms of trend indicators, we can see that although up today, it's worth noting that earlier McDonald's dropped below the 3 day Simple Moving Average as it was trading at $222.29, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $224.84 – a high enough level to usually suggest McDonald's is trading above its value. On the other hand, note that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for McDonald's
\\nwith a market cap of $167.11 billion, The fast food company started in 2021 by gaining 3.73%. So far this year it is under-performing the Dow Jones by 3.13%.
\\n\",\"\\n(Last update 12:01pm EST, March 19, 2021)
\\n\\nAfter starting the day at $57,700 Bitcoin went up to $59,321 only to drop back, yet is still positive overall today, trading now at $59,172.
\\nBitcoin's graph levels to watch: Bitcoin's immediate resistance is around $60,566, nearest support level is at $45,138. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Bitcoin dropped below the 10 day Simple Moving Average as it was trading at $57,034, usually an indication that a negative trend is ahead.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of 1.10 trillion, Bitcoin started in 2021 by gaining 49.37%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin Mining Revenue On The Rise: Miners Record $64 Million In A Single Day $BTC $ETHhttps://t.co/5kdAB4uSbm
\\n— Benzinga Crypto (@benzingacrypto) March 19, 2021
(Last update 12:01pm EST, March 19, 2021)
\\n\\nSmall gain for Gold at $1,738 after ranging today between $1,727 and $1,744.6.
\\nA study of Gold's chart pattern shows the nearest resistance level is at $1,789, followed by $1,844.2 at the next level. In terms of trend indicators, we can see that at $1,735.51, Gold made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Gold might continue pointing upwards in the short term.
\\nGold started 2021 by losing 9.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGold fell a second day as bond yields surged, with some investors shrugging off the Fed's dovish message and betting that the central bank will allow inflation to overshoot amid an economic rebound https://t.co/nBnLKTTZ18
\\n— Bloomberg (@business) March 19, 2021
(Last update 12:01pm EST, March 19, 2021)
\\n\\nOil posted light gains on a low-volatility day, ranging between $61.33 and $58.94 and is now at $60.35.
\\nThe Chart pattern study shows the nearest resistance level is at $67.48. In terms of trend indicators, we can see that although up today, it's worth noting that earlier, oil dropped below the 50 day Simple Moving Average as it was trading at $59, usually an indication that a negative trend is ahead. The CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. On the other hand, note that the lower Bollinger band is at $59, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for oil.
\\nCrude oil started 2021 by gaining 19.13%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJUST IN: Drone attack on oil refinery in Riyadh, Saudi Arabia.
\\n— The Spectator Index (@spectatorindex) March 19, 2021
(Last update 12:01pm EST, March 19, 2021)
\\n\\nLate in the session, EUR/USD lost 4 pips(0.04%), currently trading at 1.1915
\\nThe chart pattern study shows the Euro might start to recover soon because it is getting closer and is now only 66 pips from the support line at 1.1848, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at 1.1813, indicating a positive move might be next. On the other hand, note that at 1.19, Euro/Dollar made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar might be pointing upward in the short term.
\\nThe Euro/Dollar started 2021 by losing 1.98%.
\\n\",\"\\n(Last update 12:12pm EST, March 19, 2021)
\\n\\nAfter a mostly steady session, GBP/USD lost 59 pips, trading at 1.387.
\\nImportant graph levels to look out for: The Pound resistance level is at 1.4138. In terms of trend indicators, we can see that at 1.3836, the Pound made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.3995, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the British Pound is likely to continue pointing down in the short term.
\\nThe Pound started in 2021 by gaining 2.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nEU executive takes Britain to court over Gibraltar tax exemption https://t.co/cZihDFeXfZ pic.twitter.com/T9RTJL9qXW
\\n— Reuters (@Reuters) March 19, 2021
(Last update 12:12pm EST, March 19, 2021)
\\n\\nUSD/JPY trading at 108.88 with no clear-cut direction, ranging between 109.13 and 108.58.
\\nA Visual analysis of the Yen's price graph shows the Yen's nearest support level is at 104.55. In terms of trend indicators, we can see that at 108.76, dollar/yen made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 109.28, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Yen is likely to start pointing downward in the short term.
\\nThe Dollar/Yen started in 2021 by gaining 5.12%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan’s central bank is still digging in for a lengthy further battle with falling prices https://t.co/V7W39jTKil
\\n— WSJ Markets (@WSJmarkets) March 19, 2021
(Last update 12:12pm EST, March 19, 2021)
\\n\\nUSD/CHF rallied 32 pips (0.36%) deep into the session trading at 0.9304.
\\nDollar/Swiss's graph levels to watch: Dollar/Swiss immediate resistance is around 0.9328, nearest support level is at 0.87. In terms of trend indicators, we can see that at 0.9285, Swiss franc made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.9354 – a high enough level to usually suggest Dollar/Swiss is trading above its value.
\\nOverall, the technical analysis suggests Dollar/Swiss is neutral for the immediate future, with no clear-cut direction.
\\nThe Swiss franc started in 2021 by gaining 4.07%.
\\n\",\"\\n(Last update 12:12pm EST, March 19, 2021)
\\n\\nAUD/USD weakened earlier in the trading session before moving off the 0.772 low and recovering almost back to 0.776.
\\nAussie/Dollar chart analysis: Australian dollar's immediate support is around 0.7743, resistance level is at 0.7965. In terms of trend indicators, we can see that at 0.7746, Australian dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 0.7821, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar is likely to continue pointing down in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 1.38%.
\\n\\n\"],\"title\":\"Financial Markets Review – 19 March 2021 – 12:12:16\",\"date\":\"2021-03-19T16:12:16\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }