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S&P 500 Technical Analysis - We are at a key support

Last week, we got another set of good economic data for the US with signs of further disinflation in the core inflation measures. The soft-landing narrative should be in full swing with resilient labour market, lower inflation, and lower inflation expectations. Nonetheless, the S&P 500 price action remains rangebound, and at this point it might even be because we are getting near to the FOMC rate decision. Looking forward, the uncertainty is very high as we either get a soft or hard landing, but... Read More

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Technical

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Support

Forex

Posted: Sep 18 2023, 06:00

Author Name: forexlive

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