Daily Snapshot

Daily Snapshot – 4 September 2024

Well there was never really doubt where we were headed today was there? Appetite for risk has completely absconded with a plethora of reasons for mkt concern and our charts wizards are on the ball as always with important levels to be aware of now that Sept seasonality looks to be well underway. We kicked off proceedings on the back of a pretty bleak handover from the US, which saw the SOX index fail to clear its 50dma alongside fresh new lows for the Mag7 which is now a relative underperformer…

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