On the SPOT blog (08/31/2022) [D..]
- Salyl Bhagwat
- Aug 31, 2022
- 3 min read
Yet another day of red finish for the three major US indices. Charts seems to indicate that they did start in green and attempted to stay there but ultimately dipped well into the red on this last day of August. FOMC's rate hike decision is in the second half of September, so I think it is better to stay cautious amid the sell-off and keep looking for long-term potential to build a position gradually.
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