yeah//@MHh:Strange that market rally when Fed is forcedto walk on tighter rope.The balancing act is now harder. There is contraction which highly suggest a recession is probably unavoidable. If the Fed cannot raise rates, will the inflation run crazy still? Likely unless the causes of it such as supply chain imbalance and the sanctions leading to high commodities prices can be addressed atthe root.Doesn't this suggest at least a stagflation which the market fears too?Can someone enlighten me? Unless is due to good earning reports leading to good sentiment..
Wall St Ends up Sharply for 2nd Day; Amazon, Apple Jump After Hours
@TradingLounge:Australian Stock Market Elliott Wave Technical Analysis Trading Levels ASX 200 Index (XJO), Forex AUDUSD, US Dollar DXY, Commonwealth Bank CBA, BHP Group (BHP), Rio Tinto (RIO), Fortescue Metals Group (FMG), Newcrest Mining NCM, Australian 2 Yr Government Bonds Yield. Technical Analysis Trading Strategies ASX200 Market Summary: Expect a few more trading sessions on the upside ASX200 Trading Strategy: While the market is above 6800 as support then the market remains bullish and as resistance then bearish Video Chapters 00:00 ASX200 (XJO) 07:54 Commonwealth Bank CBA, NAB, BEN etc 09:45 Iron Ore Copper BHP RIO FMG 13:35 Lithium ETF & Stocks 25:19 Newcrest Mining NCM / US GOLD + Natural Gas and Oil 28:04 AUDUSD / DXY US Dollar / Australian 2 Y