If we actually close below 49,800, it would end up indicating that we are probably going back to 47,100 to maybe 46,200 kind of range in the coming weeks, so that is the setup in the main two indices that we are seeing.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation