News of the day, Thursday, December 30
As people continue to realize Omicron variant is safer than any previous, markets react with enthusiasm — the Dow has risen six days in a row. S&P 500 develops accordingly reaching record highs this week. National lockdowns are not likely to happen soon …
News of the day, Wednesday, December 29th:
As investors glanced aside growing instances of Omicron in another bout of risk appetite, the euro sank in weak holiday trading on Wednesday, while the dollar sent the yen to a one-month low. As stocks rose, risk-sensitive currencies such as the Australian dollar …
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The overall trend is ascending. The descending wave pattern has completed with the breaching of the inclined channel and is now truncated. There is a bullish divergence on the Awesome Oscillator. The breach of the 458.0 level will form an ascending wave pattern.
Trading idea:
Buy when the 3458.0 …
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