Market Pulse on August 22th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2861.82 -1.14.

A trendless trading session in Wall Street, a typical summer day. Traders and investors are focusing their attention on Michael Cohen’s affair, Jackson’s Hole meeting and the next Fed decision in September. Most of our indicators stand are neutral with a positive bias. We expect some kind of consolidation around these levels before the market resumes its uptrend.

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