<Fundamental>
Despite the uncertainty following President Trump’s dismissal of Fed Governor Cook, USTEC advanced slightly.
President Trump dismissed Fed Governor Cook due to allegations of mortgage fraud, raising concerns over the Fed's independence. JPMorgan warned the move could set a precedent for politically driven dismissals of other board members.
Meanwhile, the August CB Consumer Confidence Index rose to 97.4, indicating a more positive outlook on current conditions. However, 12-month inflation expectations rose from 5.7% to 6.2%, while the share of respondents viewing jobs as plentiful decreased from 29.9% to 29.7%.
<Technical>
USTEC has risen above both EMAs, signaling an attempt at a trend reversal. The narrowing distance between EMA21 and EMA78 suggests a potential shift toward bullish momentum. If USTEC holds above both EMAs, the index may gain upward momentum toward the resistance at 23700. Conversely, if USTEC falls back below both EMAs, the index could retreat toward the support at 23300.
Despite the uncertainty following President Trump’s dismissal of Fed Governor Cook, USTEC advanced slightly.
President Trump dismissed Fed Governor Cook due to allegations of mortgage fraud, raising concerns over the Fed's independence. JPMorgan warned the move could set a precedent for politically driven dismissals of other board members.
Meanwhile, the August CB Consumer Confidence Index rose to 97.4, indicating a more positive outlook on current conditions. However, 12-month inflation expectations rose from 5.7% to 6.2%, while the share of respondents viewing jobs as plentiful decreased from 29.9% to 29.7%.
<Technical>
USTEC has risen above both EMAs, signaling an attempt at a trend reversal. The narrowing distance between EMA21 and EMA78 suggests a potential shift toward bullish momentum. If USTEC holds above both EMAs, the index may gain upward momentum toward the resistance at 23700. Conversely, if USTEC falls back below both EMAs, the index could retreat toward the support at 23300.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.