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Indices Updates by Solid ECN
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[QUOTE="SOLIDECN, post: 216484, member: 80239"] [HEADING=1][JUSTIFY]Dow Jones - Stock Index Remains Under Pressure[/JUSTIFY][/HEADING] [JUSTIFY]Volatility in the national stock market began to return to its usual parameters. In many respects, this was facilitated by the recent publication of the minutes of the December meeting of the US Federal Reserve, the key point of which is the unanimous opinion of all department officials on preserving the "hawkish" rhetoric throughout 2023. Large corporations continue massive layoffs: thus, Amazon.com Inc. said it would lay off 18,000 workers this year, while pharmacy chain Walgreens Boots Alliance Inc. after the news about the decrease in the company's revenue in the first financial quarter of 2023 will reduce the staff by 1.5%. [img]https://i.ibb.co/XZkfYhV/ym.png[/img] On the daily chart, the trading instrument continues its corrective dynamics, trying to move away from the resistance line of the Expanding formation global pattern, and the technical indicators keep an unstable sell signal. [B]Resistance levels[/B]: 33500, 34600 | [B]Support levels[/B]: 32550, 31300[/JUSTIFY] [/QUOTE]
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