The market is showing bullish signs but is also facing resistance, causing uncertainty about a breakout or consolidation.
There’s a good chance we’ll stay at current levels, and will be low for the rest of the year. The question is if we’ll plow through current resistance, or if we’ll remain stuck on the eight-day exponential moving average.
Real estate, tech and bonds are key sectors to watch. Meanwhile, the Federal Reserve’s stance on interest rate cuts is also helping with the current market uncertainty.
The bond market and sector performance indicate potential future direction.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing…
I’ll discuss if we’ll see new highs or if a pullback is in the cards…. all eyes on the long bond… the Fed clarifies interest rate traction… the top sectors that are highly sensitive to the current market environment… navigating the markets the last two weeks of the year!
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing…
I’ll discuss if we’ll see new highs or if a pullback is in the cards…. all eyes on the long bond… the Fed clarifies interest rate traction… the top sectors that are highly sensitive to the current market environment… navigating the markets the last two weeks of the year!
Roger Scott
Roger Scott Trading
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