Rising wedge and Monday’s decline
|S&P 500 pushed a bit higher following the bullish opening gap called, and then pulled back not only during the regular session – it pulled back almost all the way till the closing bell. Is the sectoral perspective concerning, the bond market concerning, or is USD upswing standing in the way? Just as I called for tech to come back yesterday, this is part and parcel of market timing calls premium clients are getting, so make the best use of my full, full daily analytics and intraday updates, for not even these brief public articles or short but punchy videos are to be released every single trading day in August – care for clients feat. 1:1 comes foremost (thank you all those of you supporting quality work that's dedicated... to you) !
Today‘s video has the details and chart breakdowns – this data and earnings heavy week will be instrumental in anticipating and reevaluating the rate cutting path till Oct FOMC.
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