NASDAQ sharp fall on Friday and making a bearish pattern on 1 hr time frame

NASDAQ was up on Tuesday morning after testing the high level of 24864 in the last trading session as the prolonged US government shutdown has limited the release of key economic data, leaving investors to look toward upcoming bank earnings for signals on economic momentum. Markets continue to price in a quarter-point Fed rate cut this month and another reduction in December.

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Varun Sharma

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