The S&P 500 has pulled back a bit during the trading session on Thursday, as traders will be focusing on the speech by Jerome Powell coming out of Jackson Hole.
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The NASDAQ 100 has pulled back a bit on Thursday from all-time highs on Wednesday as we head towards the Jackson Hole meeting.
The DAX Index opened with a gap lower early this morning, but the German index remains within its higher value range for interested speculators.
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The CAC Index did very little on Wednesday as we sit right around the 6700 level, and perhaps even more importantly, the 50-day EMA.
The FTSE 100 rallied a bit on Wednesday to break above the 7100 level.
The NASDAQ 100 is stalling as we head towards the Jackson Hole Symposium, which will feature several central bank statements giving us an idea as to what traders can expect out of central planners.
The S&P 500 rallied again on Wednesday as the market continues to look at the Jackson Hole Summit as a potential event.
Will Powell talk the markets down? Or will the uncertainty in the US economy and rising infections lead him to take a softer stance until further notice?
The DAX rallied again on Tuesday to show signs of continuation to the upside.
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The FTSE 100 initially fell on Tuesday but then turned around to show signs of strength again as the 50-day EMA offered support.
The S&P 500 rallied a bit on Tuesday as it looks like we are hell-bent on trying to break through the 4500 level.
The NASDAQ 100 rallied a little bit on Tuesday as we continue to see a lot of bullish momentum.
The NASDAQ 100 rallied significantly on Monday as we continue to see plenty of momentum jump to the upside ahead of the Jackson Hole meeting.
The S&P 500 rallied significantly again on Monday, as it looks like traders are trying to price in the idea of the Federal Reserve pausing tapering.
The FTSE 100 initially fell on Friday but found enough support at the 50-day EMA to turn things around and show signs of life.
