“The breakout was further confirmed by the presence of higher trading volumes. Additionally, the Relative Strength Index, a momentum indicator, is aligned with the price movement, further indicating the continued uptrend,” he said.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation