Risk-off Tone Today

TraderNeo

2021-07-28

Today’s risk-off mood in US markets likely is a result of indecision and worries. Just to name a few:

Concerns over peak earnings as some view it,

concerns over the Delta variant (CDC updated guidance),

upcoming Fed statement (tapering and inflation outlook)

and concerns over the tumbling of the Chinese stock market and what it means for global markets

$NASDAQ 100(NDX)$$S&P 500(.SPX)$$DJIA(.DJI)$

Plenty of negative headlines. Remain clear headed and focus to see through all of them. All the best!

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