empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

23.11.202109:43 Forex Analysis & Reviews: Weekly review of US stock market, November 23

Exchange Rates 23.11.2021 analysis

The main US stock indexes are trading at their highs. However, there are clear signs of a correction.

At the very end of the week, the main US stock indices showed a strong downward reversal from the highs. They fell by about 1.5%. Investors have been anticipating the stock market correction for a while despite the fact that the US economy is now strong. Apparently, traders have already priced in all the positive reports and there is no reason for a significant increase from current levels. An additional reason for big sales may be the long weekend on the occasion of Thanksgiving.

Weekly results of the main US stock indices:

The Dow was trading at 36,150 - 35,600. It dipped by 550 or 1.5%

The NASDAQ composite was trading at 15,970 – 15,850. It dropped by 120 or 0.8%

The S&P 500 was trading at 4,700 – 4,684. It lost 16 or 0.4%

Outlook

The Dow is likely to trade in the range of 35,300 - 35,800

The NASDAQ Composite may remain in the range of 15,600 – 16,000

The S&P 500 is likely to stay in the range of 4,600 – 4,700

Conclusion

Now, analysts are sure that the Fed is likely to hike the interest rate to curb rising inflation. There might be also a slowdown in the US economy, which will trigger a correction in the stock market. It is only a matter of time. The question is what levels the stock indices will reach before the fall. Additionally, the US stock market is already overheating. So, a strong drop in the stock market may adversely affect the US economy.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Jozef Kovach,
Analytical expert of InstaSpot
© 2007-2025
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.