Friday, 3 May 2019

Dow Jones at Risk of Selling Off, Watch the S&P 500 Rising Wedge

The market is looking vulnerable here with the S&P posting a possible topping pattern, Dow Jones lagging behind, Nasdaq 100 needs to hold confluent support.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...