📊First Positive Weekly Close
The condition was met after it closed with a positive monthly candle, maintaining the close above the 109k levels.
This is good; we might witness a new wave of market increase ✅ unless upcoming news from this month appears, which are 👇
1. Results of the reduction or stabilization in July from the FOMC - direct impact on market liquidity.
2. Accurate reading of the Federal Reserve's meeting minutes - future monetary directions.