Welcome to this week's edition of the Weekend Market Review. This week started of a bit shaky as the action on Monday left the and all putting in potential reversal candles just ahead of some resistance. Tuesday gave some follow-through and confirmation of the reversal, but it never felt especially powerful as it was becoming clear that there wouldn't be any serious moves by traders until after the CPI report came out Wednesday morning.
August 12, 2022 Weekend market review/preview
August 12, 2022 Weekend market review/preview
August 12, 2022 Weekend market review/preview
Welcome to this week's edition of the Weekend Market Review. This week started of a bit shaky as the action on Monday left the and all putting in potential reversal candles just ahead of some resistance. Tuesday gave some follow-through and confirmation of the reversal, but it never felt especially powerful as it was becoming clear that there wouldn't be any serious moves by traders until after the CPI report came out Wednesday morning.