We have a big week of data
US inflation figures are released tomorrow and are likely to show a continued disinflationary trend, with the headline rate falling to 4.1%. This will help the Fed remain on pause for the Wednesday rate decision.
The major level to watch to our mind is the tentative downtrend drawn from the October 2022 high. This comes in at 3.88. The market has been sidelined for months but is building a potential bullish consolidation pattern and that idea will be reinforced should a close above the 3.88 downtrend be seen.
US inflation figures are released tomorrow and are likely to show a continued disinflationary trend, with the headline rate falling to 4.1%. This will help the Fed remain on pause for the Wednesday rate decision.
The major level to watch to our mind is the tentative downtrend drawn from the October 2022 high. This comes in at 3.88. The market has been sidelined for months but is building a potential bullish consolidation pattern and that idea will be reinforced should a close above the 3.88 downtrend be seen.
The STA is the oldest technical analysis organisation in the world and to celebrate that fact, we have a free downloadable book on technical analysis here -
technicalanalysts.com
technicalanalysts.com
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The STA is the oldest technical analysis organisation in the world and to celebrate that fact, we have a free downloadable book on technical analysis here -
technicalanalysts.com
technicalanalysts.com
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。