By Vishal Wagh The US markets ended the week with a dip red candle on Friday. FED chairman Powell indicated that higher interest rate for longer time would continue to get read of Inflation. The statement was more or less on expected guidelines and disappointed the market. Technically Speaking, the Dow Jones(DJ) has created a lower low lower high price formation on the Daily chart. The Supertrend (8,3) is also signaling a strong reversal in the current bear market rally in DJ. The Relative Strength Index (RSI)(14,9) has quotes at 42. At the same time, the supply zone of 33711-34150 …
