US Equity Focus--Nasdaq Not Out Of The Woods Yet
TECHNICAL ANALYSIS
Following last week’s article on the bearish outlook for the US dollar, JPMorgan head of technical analysis Craig Ferguson continues his series of technical articles for FXWeek with a look at the Nasdaq. Equity weakness implies currency weakness, he argues, and the outlook for the Nasdaq suggests further declines ahead
Last week we looked at the USD Index from an Elliott Wave basis, arguing for further strength in the short term, before a potential correction and USD weakness unfolds. We can
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