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  • Beige Book - June 2, 2021

    From federalreserve.gov Story is in PDF Format

    The national economy expanded at a moderate pace from early April to late May, a somewhat faster rate than the prior reporting period. Several Districts cited the positive effects on the economy of increased vaccination rates and relaxed social distancing measures, while they also noted the adverse impacts of supply chain disruptions. The effects of expanded vaccination rates were perhaps most notable in consumer spending in which increases in leisure travel and restaurant spending augmented ongoing strength in other spending categories. Light vehicle sales remained solid but were often constrained by tight ... (full story)

If this is low-impact news then what kind of fundamentals will move the market??
I think we should do the opposite of the fundamentals.
Forget fundamentals, look at what the charts tell you, its all there.
What do you see in the charts @Bakker?
Quoting DollarRain
What do you see in the charts @Bakker?
Probably around 150 candlesticks and possibly a couple of moving averages.
Quoting NotAtrader
{quote} Probably around 150 candlesticks and possibly a couple of moving averages.
Probably he see something better
  • Post #6
  • Quote
  • Edited at 9:21pm Jun 2, 2021 8:50pm | Edited at 9:21pm
candlesticks chart always tell the truth.
only 6 candlesticks for you to know.
Quoting MuliawanSam
candlesticks chart always tell the truth.
you're o so right, the others commenting here is still in the dark.
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  • Story Stats
  • Posted: Jun 2, 2021 2:00pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 8  /  Views: 1,526
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