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S&P 500 Technical Analysis - The start of a new rally?

S&P 500 Technical Analysis - The start of a new rally?
Last week, the market remained under pressure as the more hawkish than expected FOMC dot plot was still fresh in everyone's mind. The economic data continues to support the soft-landing narrative with Jobless Claims showing a solid labour market and Core PCE trending downwards. The last day of the week, we got a small bounce across the board as the market took a breather after the heavy selloff after the FOMC meeting. We will see if it was just a pullback or the start of a new rally.S&P 500 Tech... Read More
Posted: Oct 2 2023, 06:11
Author Name: forexlive
Views: 113082

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