US indices closed mixed last week as Fed Chair Warsh's hawkish Jackson Hole comments rattled tech whilst oil surged on renewed Iran tensions. This week, I'm watching whether US30 can hold the 53,260 floor and if NAS100 finds buyers at the 28,875 low — both critical for maintaining bullish structure into September.
US indices closed mixed last week as tech sold off sharply whilst the Dow pushed higher, and precious metals surged on geopolitical tensions. This week, all eyes are on Nvidia earnings and Fed Chair Warsh's Jackson Hole speech — both capable of shifting sentiment fast.
US indices closed last week marginally lower after a three-week winning streak, with tech showing relative strength as NAS100 gained over 1.4% while the Dow shed half a percent. This week, I'm watching whether US30 can reclaim the 54,000 zone or if we're due for a deeper pullback into support.
US indices closed their best week since April, with the NAS100 surging over 3% as tech reclaimed leadership and the S&P 500 printed fresh all-time highs. But with Iran tensions flaring, a surprise jobs decline, and key inflation data due, this week could test whether buyers have the conviction to push higher or if we're due for a pullback.
US indices closed the week modestly higher despite Friday's sharp intraday volatility, whilst the dollar took a hammering following coordinated intervention from the US and Japan to support the yen. This week, all eyes are on the US jobs report and ISM data — both capable of shifting sentiment quickly if they surprise.