[Weekly] Market Sentiment: Split Markets Await Fed
Market Sentiment
Apr 29, 2024
As we embark on yet another dynamic week, market sentiment has undergone yet another transformation. Below, we'll examine the trajectory of several key assets.
SPX500 - Buy
Daily Data (1D) - 4h Chart (4H)
Performance:
1W: 2.62%
1M: -2.47%
3M: 4.60%
Summary:
Sell: 3
Neutral: 10
Buy: 13
Oscillators:
Sell: 1
Neutral: 9
Buy: 1
Moving Averages:
Sell: 2
Neutral: 1
Buy: 12
BTC/USD - Sell
Daily Data (1D) - 4h Chart (4H)
Performance:
1W: 3.34%
1M: -10.22%
3M: 44.99%
Summary:
Sell: 11
Neutral: 10
Buy: 5
Oscillators:
Sell: 2
Neutral: 9
Buy: 0
Moving Averages:
Sell: 9
Neutral: 1
Buy: 5
EUR/USD - Sell
Daily Data (1D) - 4h Chart (4H)
Performance:
1W: 0.49%
1M: -0.76%
3M: -1.14%
Summary:
Sell: 12
Neutral: 9
Buy: 4
Oscillators:
Sell: 1
Neutral: 8
Buy: 2
Moving Averages:
Sell: 11
Neutral: 1
Buy: 2
XAU/USD - Sell
Daily Data (1D) - 4h Chart (4H)
Performance:
1W: -2.27%
1M: 6.51%
3M: 15.01%
Summary:
Sell: 6
Neutral: 10
Buy: 10
Oscillators:
Sell: 2
Neutral: 9
Buy: 0
Moving Averages:
Sell: 4
Neutral: 1
Buy: 10
With the markets showing some divergence, attention is fixed on the upcoming Federal Reserve announcement on Wednesday regarding this month's interest rates. Expect notable shifts by week's end, emphasizing the importance of conducting personal research, as none of this constitutes financial advice!
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