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Equities await US CPI data to vindicate recent upside bounce

The S&P 500 remains a notable chart to pay attention to, after having broken back above its 100-day moving average (red line) last Friday. There was a test of the key level yesterday but buyers held before a lack of any significant remarks by Powell provided some encouragement for dip buyers to win out at the end of the day.

Despite the technicals starting to look to favour an upside leg, trading this week is focuse... Read More

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Content Topics

Equities

Await

Data

Vindicate

Recent

Upside

Bounce

Forex

Posted: Jan 11 2023, 06:33

Author Name: forexlive

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