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Russell 2000 Technical Analysis - Key support in sight

Russell 2000 Technical Analysis - Key support in sight
Last week the US data surprised to the upside with the ISM Services PMI and Jobless Claims beating expectations by a big margin. The market didn't like the strong data as it raises the chances of another rate hike in November. In fact, the Russell 2000 sold off following the PMI beat and deepened the losses after the beat in Jobless Claims. The market seems to be trading on “good news is bad news” at the moment, so watch out for the data this week. Russell 2000 Technical Analysis – Daily Timefra... Read More
Posted: Sep 11 2023, 05:59
Author Name: forexlive
Views: 091315

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