NASDAQ making a Symmetrical in 1HR

NASDAQ was up on Wednesday morning after testing the low level of 21668 in the last trading session as investors are focused on the release of the January CPI report and Powell’s testimony before the House of Representatives. In addition, earnings reports are expected from major companies including Cisco Systems, CVS Health, Kraft Heinz, MGM Resorts, and Robinhood. Markets continued to assess the potential impact of President Donald Trump’s latest tariff escalation.

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Varun Sharma

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