The formation of a third consecutive long bull candle on the weekly chart indicates a bullish “three advancing soldiers” pattern, signaling the continuation of the uptrend. This pattern suggests strong upward momentum and potential for further gains in the market.
US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising