After their ceaseless rally, semiconductors and Mag 7s are pulling back, imposing a stop in stock market euphoria. Feeling the pressure of the spike in yields, the Warsh trade could prove more dangerous for overextended tech-heavy stock markets. Exploring technical levels for the Dow Jones, Nasdaq and S&P 500. Stock markets have surged since the […]
The post Is the Stock Market Rally Over? Dow Jones, Nasdaq and S&P 500 Intraday Levels appeared first on ActionForex.
Key Takeaways Surging global bond yields intensified pressure on equity markets as the US 30-year Treasury yield approached the critical 5.20% level, reinforcing fears that the Federal Reserve may shift toward future rate hikes instead Read more…
Wall Street has spent decades drawing bright lines around what counts as a bet versus an investment. Compliance manuals grew thick because the cost of getting that line wrong is jail time and seven-figure fines. Read more…
Key Highlights Gold started a fresh decline below the $4,600 support. A major bearish trend line is forming with resistance at $4,660 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. Read more…