The rising yields are in the spotlight at the moment. Could be the bond market a alternative for the stock market?
Powell and the Fed Guys could send bad signals to the markets but this is pure speculation.
The PG was formed this week and it could be a good signal for a larger movement. Maybe we get a interesting closing price today and a starting point for the next time.
On the smaller time units we have some open PGs but Fed Speaker know what the markets want to hear.
Source: (Guidants/Godmode Trader) & JFD Broker & Binance
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