sell
Powell’s remarks threaten a move down to 107,500 as Friday nears
So what’s next? Friday is near, and Powell’s blunt rhetoric could push the market lower toward 107,500.
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Analysis
The user's expectation is that comments from Fed Chair Powell will negatively impact the market, driving prices down to a specified support/resistance level of 107,500. This implies a narrative where ...
Recommendation
Short-term stance: consider a cautious approach with a focus on risk controls. If price action confirms a break below key levels toward 107,500, a measured sell or partial exit could be warranted to p...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.