1.25 Monday after next week, is it a move to adjust positions ahead of events from the 26th onward?
Nice to have your support again today.
This is Ere.
※This article does not indicate or recommend timing of buying or selling.
Please make your own investment decisions.
On Friday the weekend, the market turned bearish, erasing the gains of the past two days.
Looking at the daily chart, a box range is forming; the cross on Thursday is something to watch, but there is little directional clarity.
Fundamentally, the talks on additional economic measures are likely to be difficult on the 22nd, which seems to have been seen as a selling factor.
However, under the COVID environment, the global shortage of high-tech components such as semiconductors is supporting the market.
Regarding this week's market, large-cap earnings are due, so today Monday aside, attention is needed for the 26th and 27th.
With the FOMC imminent, like the end of last week, activity is expected to be limited, and it is considered a day where profit-taking is more likely.