Dow Jones and SP500 buy the rumour sell the news?🗞️

Nov 1, 2022

Dow Jones rose 15% outperforming the rest of the indexes, price is reaching a key pivotal area, price could still spike over the trendline however is a good area to pick up a short position. The technical analysis of SP500 chart has still room for growth towards higher resistance areas however the Fed interest decision is tomorrow and this could trigger a sell off, we all know the saying buy the rumour, sell the news. Pain is not over in my opinion.

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