U.S Dollar currency Index:-It form H&S pattern on monthly chart. It may start to correction from here.
US 10 yrs Govt Bond Yield:-It is near major resistance 4.13%.It may start to correction from here.
Nifty has inverse relations with above both, so it may start to bounce from major support level. Nifty major Support level 17122-17099
The trend usually slows down near 100 & 200 DMA and sets up a trap for bulls/bear before moving sharply in one direction. Now that we know the property of the chart the direction is to be analysed.
With recession becoming the word of the year in 2022 the Fed and the US Govt are trying way too hard to change its definition only to keep the markets feeding for a...
