AlphaPicks On Wall Street - March 6th
As your personal investment analyst, we strive to bring you informed decisions. After a thorough market review, here are our trade ideas for you to capitalise on this week.
US equities had an almighty week. Since breaking above the 200-day moving average in January, this was the first retest of that significant support. Bulls acted strong, taking the S&P 500 up more than 100 points, 2.7%, across Thursday and Friday’s trading.
This could be the start of a strong move for equities. Last week showed a higher low, signalling we may be past the worst. However, there are a vital few trading days ahead that will be very impactful.
After taking in all that happened, we have reviewed hundreds of charts to bring you some good trade ideas across equities, FX and indices.