Elliott Wave: Nvidia pullsback ahead of earnings
Hey all.
Markets can see some volatile price action today, because of the release of FOMC minutes, when investors will look for any new details or change in tone regarding FED's policy. But then, after the US close speculators will be focused on Nvidia earning reports. This data can be important, not only for stock it self, but also for the technology sector and bitcoin as well.
We will see how market react, but from an Elliott wave perspective market can still be in a corrective pullback, rather than making a topping pattern.
Lets see.
Grega
Markets can see some volatile price action today, because of the release of FOMC minutes, when investors will look for any new details or change in tone regarding FED's policy. But then, after the US close speculators will be focused on Nvidia earning reports. This data can be important, not only for stock it self, but also for the technology sector and bitcoin as well.
We will see how market react, but from an Elliott wave perspective market can still be in a corrective pullback, rather than making a topping pattern.
Lets see.
Grega
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