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Live: Markets at a Technical Crossroads with Wild Week Ahead!
With the stock market sitting on the brink of a breakout from a bullish reversal pattern despite a deluge of terrible earnings and even worse economic data, we're left to wonder where do we go from here? Next week will make or break this trend. There is an earnings calendar jam-packed with mega-cap tech companies, the Federal Reserve's expected rate hike, and then 2nd Quarter GDP expected to herald official entry into a recession. Will the markets be able to continue the recent trend of absording bad news and still grinding higher, or is this a false breakout doomed to fail? Only time will tell. Let's dig into the details!
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