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The Dow string of 13 higher closes is in jeopardy of ending today. What next?
The Dow has moved higher for 13 consecutive days. Today the price made a new highs going back to February 2022, but has rotated to the downside. The index is currently down -210 points or -0.59% at 35309.97. Bank of Japan threatening to change their policy (on top of ECB and Fed this week) may have surprised the market. The 7 year note auction didn't go all that well either and yields are higher. And let's face it 13 days in a row is pretty amazing (the last time it was done was 1987).Looking at...
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Posted: Jul 27 2023, 19:07
Author Name: forexlive
Views: 102085