Tuesday, September 24, 2019
Momentum Shifts Towards Key Trendline
The Nasdaq 100 has shifted momentum after a key short-term moving average rejected short-term price movement earlier today. As a result, tech stocks are potentially under pressure to correct lower especially if a 9-month rising trendline is broken to the downside.
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In what was perceived as a hawkish pause by the FOMC, fell on deaf ears shortly after the statement by the Federal Reserve was released Wedn...
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While all eyes will indeed be glued to next week's Federal Reserve's statement and press conference on Wednesday, those viewing thro...