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Russell 2000 Technical Analysis - Bulls and Bears are watching this key support

Last week, the US CPI came basically in line with expectations, but the good news is that the Core M/M reading once again printed at 0.2% or 0.16% unrounded. The not so good news is that the US Initial Claims spiked higher coming at 248K vs. 230K expected, but Continuing Claims remained strong. We have already seen Claims spiking higher in the past months, but the overall picture remains positive for now. The long-term inflation expectations in the University of Michigan report ticked lower, so... Read More

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Content Topics

Russell

2000

Technical

Analysis

Bulls

Bears

Watching

This

Support

Forex

Posted: Aug 14 2023, 06:28

Author Name: forexlive

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