9-Aug

Markets continue to pause

Hello SpikeTraders,Markets closed lower after weak outlooks from chip makers stocks. Investors will be focusing on inflation data tomorrow. High inflation numbers on after last week's strong jobs report, will confirm that the Fed will continue to hike interest rates and not ease off from an increase any time soon. The markets is trying to decipher if the slowdown will be mild or a significant recession is near. Let's look at the charts....

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