Nvidia Earnings: Market Reaction and What’s Next #forex #shorts

Published: Aug 28, 2024 Duration: 00:00:39 Category: Autos & Vehicles

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Nvidia earnings beat expectations on the EPs and revenue but the market wasn't Blown Away we saw a 5% dip in pre-market trading following the announcement yet the S&P 500 did find buyers at key levels setting up a potential bullish pattern a bullish piercing line pattern on the daily chart for the S&P 500 if we do get a close above the 50% retracement of yesterday's entire daily range then that's indicating the market wants to push higher and start taking on potential fresh highs Tech investors should keep a close watch on this development as it could set the tone for the sector in the coming weeks in the NASDAQ 2

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