May 22, 2019

Stock market review 22 May, 2019

What happens in the stock market?

Nasdaq 100 ๐Ÿ‡บ๐Ÿ‡ธ

A downward short-term correction in the instrument price continues in the global uptrend market. The correction is associated with such fundamental events as the US-China trade war.

The lack of agreements increases the duties on goods imported into both countries, which negatively affects the net profit of national companies, which in turn affects the value of the stock index.

The correction is expected to continue this week. However, the overall picture remains ascending.

Nikkei 225 ๐Ÿ‡ฏ๐Ÿ‡ต

The graph of this index shows ambiguous signals. On the one hand, the general direction of the market is upward, on the other hand, the sellers at the moment are much larger on the market and the short-term priority remains downward.

A continuation of the short-term correction is expected, but the correction may end abruptly, as the general trend direction is upward.

In the medium term, the most likely outcome is growth, which will mark the new local maxima for this instrument.

FTSE 100 ๐Ÿ‡ฌ๐Ÿ‡ง

One of the most confidently growing stock indices in developed countries. Despite the political uncertainty in the UK, the stock prices of the most significant companies show a positive trend.

It is not excluded that the price of the British index will close the current week in the positive zone.