Today’s pre-market forecast and mid-week review. Market breaks and holds support at the 80 sma. Next resistance the “blue light special”, 200 sma.
- Mixed markets continue as traders continue to digest inflation and Fed news.
- PPI data higher than forecasted and Powell testifying before House.
- As the market pulls back from new all time high it looks ahead this week to heavy economic reporting…
- Market attempting to recover from our first major sell-off in some time.
- Mixed jobs numbers set the tone for the close of this weeks action.
Subscribe to our newsletters and receive tips, recommendations and exclusive material from MDC.