Analytics

News, Trends, & Analytics 24.12.2021

Markets Close for Christmas Day  

Today the focus is on Christmas celebrations.

 

Calendar

Markets will be closed.

While most market sectors are closed, a few assets will be available.

Assets to trade: Quickler, Composite Indices, cryptocurrencies

 

News

US President Joe Biden has recently commented that the supply chain crisis is no longer a threat. Affects USD


Two studies have recently shared that Omicron is less lethal than Delta, lifting the spirits of global observers. Affects the S&P 500


The total value of Tesla shares sold by Elon Musk recently exceeded $15bln. Affects Tesla

 

Technical Analysis

Asia Composite Index

After following a steady uptrend, this index has been consolidating recently.

Based on that, we believe it may reverse and make a downswing under 6,100.

Bitcoin

Bitcoin’s downtrend has brought it from almost $70,000 down to $50,000. We believe it will continue further downwards.

Commodity Composite Index

This index appears to be in an upward channel. According to its logic, the index may aim at the upper border of the channel above 6,550.

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