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In this conversation, Mark from MPC Markets discusses the impact of interest rate expectations on the Russell index and the current status of major market indices including the Dow, S&P, and NASDAQ.
takeaways
• The Russell index has benefited from rate cut expectations.
• Expectations for a further 10% increase in the Russell index.
• The Fed meeting on December 9th and 10th is significant.
• Technical analysis shows a strong buy for the Russell.
• The Dow, S&P, and NASDAQ are currently in neutral territory.
By MPC MarketsIn this conversation, Mark from MPC Markets discusses the impact of interest rate expectations on the Russell index and the current status of major market indices including the Dow, S&P, and NASDAQ.
takeaways
• The Russell index has benefited from rate cut expectations.
• Expectations for a further 10% increase in the Russell index.
• The Fed meeting on December 9th and 10th is significant.
• Technical analysis shows a strong buy for the Russell.
• The Dow, S&P, and NASDAQ are currently in neutral territory.