Indexes possible mild correction
At this stage, it would be premature to expect a trend reversal. However, I anticipate a mild correction to offset the excessive exuberance of January's advance. Then, we should watch to see if shares continue their upward course, or commence a downtrend in anticipation of coming interest rate hikes.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.