Mid-week market update: Is this a case of buy the rumor and sell the news? We've had the news of a debt ceiling deal and it appears that the bill will have enough votes to pass the House today. But where's the relief rally?
The S&P 500 continues to struggle with resistance at the 4180-4200 level. A decisive upside breakout would see the next resistance at 4300-4310, but the relief rally seems to be fizzling,
The full post can be found here.
No comments:
Post a Comment