Last week brought significant market shifts — from concerns about bursting investment bubbles to potential peace talks in Ukraine, and a major milestone for Eli Lilly. The S&P 500 posted its second decline in three weeks, while the Nasdaq recorded a third consecutive weekly drop. However, on Friday, US markets stabilised after dovish remarks from a prominent Federal Reserve official, with most stocks closing higher. Mensur Pocinci, Head of Technical Analysis, explains why this is a positive signal and why last Thursday’s sharp intraday reversal, though counterintuitive, is technically a bullish indicator.
- (00:00) - Introduction: Bernadette Anderko, Product & Investment Content
- (00:24) - Markets wrap-up: Jan Bopp, Product & Investment Content
- (06:16) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
- (08:45) - Closing remarks: Bernadette Anderko, Product & Investment Content
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