23-Jun

A 2nd Spike Bounce triggers

Hello SpikeTraders,All three major indexes closed positive after rallying off their lows and closing near the highs of the day. Federal Reserve Chairman Powell stated before Congress the Fed is committed to cutting inflation at all costs, and acknowledged a recession was "certainly a possibility." That indicates the Fed will tip the economy in =to a recession if needed to defeat inflation. Let's look at the charts...

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