Great job by the Fed to keep markets in check

Chris Weston

Pepperstone

Great job by the Fed to keep markets in check. Still its worth taking time to step back and look at price action in the S&P 500. Here's the daily and weekly chart (plus a cheeky DAX chart thrown in). Clearly the picture in the US is still buy the dips and onwards and upwards (for now anyhow) (VIEW LINK)


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Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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