Today, Wed 19 Aug, the US Central Bank will give a hint as to whether interest rates will rise in Sep. Most likely they will not - saving the markets from a severe plunge. Postponing the rise in interest rates will give the markets a breather. The curves on the chart show scope for the downtrend to slow down for a while.
Killeens Financial Banner
Wednesday 19 August 2015
Slowdown in DOW downtrend likely
Today, Wed 19 Aug, the US Central Bank will give a hint as to whether interest rates will rise in Sep. Most likely they will not - saving the markets from a severe plunge. Postponing the rise in interest rates will give the markets a breather. The curves on the chart show scope for the downtrend to slow down for a while.
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