Fundamental analysis is a method used by investors to assess the intrinsic value of an asset by analyzing economic and financial factors that may affect its price. This may include analyzing financial statements, industry trends, and macroeconomic indicators such as interest rates, inflation rates, and gross domestic product (GDP). By evaluating these factors, fundamental analysts aim to determine whether an asset is overvalued or undervalued and make investment decisions accordingly.
DAILY TECHNICAL OVERVIEW BY TRADING VECTOR
MAR MINI DJ Resist: 29301?, 29500 ST Trend: Up (29272) Supprt: 29068-, 28874*, 28572* Obj: 29500 TRP: 285.72 Comment: The market is bullish and last week’s acceleration signals for a pressing run to 29500+. Any corrections should only last 1-2 days and likely hold 290000- to maintain the bull trend momentum forces. Close under 28874* will trigger a drop against 28574*. A close under 28574* is needed for a topping turnover.