Markets The Fed kept the policy rate stable at the 5.25%-5.50% range yesterday. The statement did feature some changes, including that “In recent months, there has been a lack of further progress toward the Committee’s 2 percent inflation objective.” It also announced that the Fed will reduce the pace of QT in Treasuries from $60bn […]
Oct 09, 2024
Nasdaq-100 Wave Analysis
Nasdaq-100 reversed from support zone Likely to rise to resistance level 20340.00 Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the start of September) intersecting with the 20-day moving average. The upward reversal from this support zone stopped the previous short-term […]
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