Markets searching for directions in spite of clear breakout from channel compression.

Today’s premarktet forecast and mid-week review. Markets searching for directions in spite of clear breakout from channel compression. Be careful as movement is super mixed,

mdcadmin

+ posts

• The rally is facing a key resistance area today. Will it hold?
• Market trying to recover from new yearly low. Will the rally survive?
• The market going from bad to worse as the weight of inflation crushes any rallies.
• Inflation and disappointing job numbers add to the selling pressure.