If it doesn't drop by the close later, there will be a significant drop back on Monday. However, if it drops to 80 before the close, it will indicate a Call. The MACD on the daily chart has already started to cross, so it will rise, but it won't reach one hundred, likely between 95, and then it will drop again.

FOMC Press Conference is scheduled for March 19 at 2:30 PM ET /March 20 at 2:30 AM SGT /March 20 at 5:30 AM AEST. Subscribe to join the live NOW!
As the next FOMC meeting approaches on March 18-19, all eyes are on Fed Chair Jerome Powell’s remarks. Economists are split on the Fed’s path forward, with Goldman Sachs predicting core PCE inflation could hit 3% by December due to recent tariff hikes. Meanwhile, Manulife Investments forecasts 2-3 rate cuts in 2025, despite market...

March has traditionally been a positive month for the stock market, but if the previous week’s stock market performance is any guide, investors would be forgiven for feeling a little nervous about the market’s prospects this March.
All 3 major US indexes ended the week in the red, with the S&P 500 having its worst weekly close since September, as market sentiment turns bearish amid the ongoing tariffs uncertainty and growing concerns over a ...

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