With the news out of the way and some good reports in the USA im looking at a drop down to 57k areas of fibonacci and then a significant jump back up .
Strong US retail sales data and robust results from Walmart boosted markets and increased confidence that the US economy will avoid a recession and achieve a “soft landing”.
Retail sales leapt 1 per cent in July, the Census Bureau reported on Thursday, the most in a year and a half and far above economists’ forecasts for a 0.3 per cent increase.
Strong US retail sales data and robust results from Walmart boosted markets and increased confidence that the US economy will avoid a recession and achieve a “soft landing”.
Retail sales leapt 1 per cent in July, the Census Bureau reported on Thursday, the most in a year and a half and far above economists’ forecasts for a 0.3 per cent increase.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.