Following Ben Bernanke’s suggestion that the Federal Reserve will consider tapering its asset purchases, Michael Hewson’s video analysis looks at whether the market reaction has been overdone:
- S&P 500 – If 1535 level breaks then we could target 1400
- Dow Jones – Has seen a bearish engulfing month but remains within broader uptrend
- Copper – Hitting 2011 lows on Chinese growth concerns
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Video content by Michael Hewson of CMC Markets.
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