The NASDAQ market dropped 1.2% following higher than expected inflation data. We break down the charts to navigate this move.
We analyze the latest PPI report released this morning to understand the selling pressure hitting the tech sector. With the NASDAQ market reacting sharply to the news, it is crucial to look at the technical levels to see where support might hold.
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Beyond the immediate data, we also cover the developing concerns regarding the US debt ceiling. By focusing on the data, we provide a grounded look at how to manage potential market volatility and refine your strategy to handle these macroeconomic shifts effectively.
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