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DOW JONES Technical Analysis

DOW JONES Technical Analysis

Following the more hawkish than expected FOMC meeting, the market sold off going into the Christmas holidays, including the Dow Jones. The lower volume and news flow during the holidays led to a rangebound market. The risks now are a deep recession coupled with a possible overtightening from the Fed.

These risks keep the bearish bias intact. The Read More

Posted: Jan 4 2023, 20:55
Author Name: forexlive
Views: 110513

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