Chartists often use support and resistance levels to maneveur their way through the markets.
When looking at the overall economy, many use preferred charts to decide where things could be headed. Some charts provide more insight than others.
To chartists, or technicians as they are called, news is often viewed as holding limited value. Markets react in ways that often defies logic.
This week, Chairman Powell took a bit of a dovish tone. This sent the market flying, leading some to call for the reappearance of the bull.
Is this the case?
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