Market News:
Goldman Sachs: We expect the Federal Reserve to cut interest rates by 25 basis points three times starting in September; if the unemployment rate rises further, a 50 basis point cut is possible.
Technical Analysis:
Today's Buy/Sell Levels:
65.85
Support/Resistance Levels:
67.97
67.18
66.67
65.04
64.53
63.74
Trading Strategy:
If the market breaks above 65.85, consider buying, with the first target at 66.67. If the market breaks below 65.04, consider selling, with the first target at 64.53.
Goldman Sachs: We expect the Federal Reserve to cut interest rates by 25 basis points three times starting in September; if the unemployment rate rises further, a 50 basis point cut is possible.
Technical Analysis:
Today's Buy/Sell Levels:
65.85
Support/Resistance Levels:
67.97
67.18
66.67
65.04
64.53
63.74
Trading Strategy:
If the market breaks above 65.85, consider buying, with the first target at 66.67. If the market breaks below 65.04, consider selling, with the first target at 64.53.
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