The last six days have been a choppy affair for the NQ100_m with prices trading in a downward-sloping range on the daily charts. However, we see a bullish flag formation in play after the initial rally from August 25th.
Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have declined back towards the $79 support level at the time of writing.
A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge ahead of Jerome Powell’s testimony to Congress.
The last six days have been a choppy affair for the NQ100_m with prices trading in a downward-sloping range on the daily charts. However, we see a bul...
Nasdaq 100
SMA
Federal Reserve
tech stocks
Technical Analysis
Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have dec...
A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge...
Jerome Powell
inflation
Federal Reserve
SPX500_m
NQ100m
EUROstoxx
FTSE100
Crude Oil
Gold
SMA
Technical Analysis
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