KrunchieKilleen

Slowdown in Dow downtrend if no Fed rate increase in Sep

AMEX:DIA   SPDR Dow Jones Industrial Average ETF
2
Tomorrow, Wed 19 Aug, the US Central Bank will give a hint as to whether interest rates will rise in Sep. Most likely not - saving the markets from severe plunge. The curves on the chart show scope for the downtrend to slow down for a while.

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