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Fed & NFP Look to Drop Indices!

Name: Fed & NFP Look to Drop Indices!
Uploaded: 2023-03-09
Channel: David Kindley
Description: US Indices lost over 1.5% as the Fed reiterated its stance on raising rates.The committee also stated that the terminal rate is likely to be higher than previously anticipated.With the NFP number coming in tomorrow, what will be the next direction fo

VideoTechnical Analysis

By David Kindley Last updated Mar 9, 2023

US Indices lost over 1.5% as the Fed reiterated its stance on raising rates.

The committee also stated that the terminal rate is likely to be higher than previously anticipated.

With the NFP number coming in tomorrow, what will be the next direction for indices?

Timestamps
SPX500 01:35
DOW 03:05

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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