Pavan Sharma

Global markets sold off sharply on Friday triggered by expectations that the US Federal Reserve will accelerate its pace of interest rate hikes this year and a leap in volatility.

This long term performed sits overextended in the short term.

In the US, after some initial concerns about the results from Facebook and Microsoft after yesterday’s closing bell, the two tech companies paced the sector higher. Facebook was up more than 4% at one point, to reset its record high. Weighing on stocks wa

From a technical perspective there nothing to do here but wait.