Rising wedge and latest decline
|S&P 500 tried to push higher, led by tech (which was the area that brought clients‘ very short-term gains yesterday), alongside the dollar that continued consolidating with a bullish bias. The key question brought up in the below caption (and what kind of sectoral consequences that can have). Get ready for META and MSFT earnings, not just to FOMC that would be mainly about the conference pronouncements.
Yields are retreating, Dollar keeps catching second breath, and intraday charts offer plenty of clues for swing traders too.
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