On June 15, the anomaly of the U.S. stock market, such as the FOMC drift effect, which occurred about 24 hours before the Open Market Committee meeting, was confirmed once again by 1.1% increase in the DJIA index.
However, that didn't stop the index from declining and testing the circular level of 30,000.
This time the level held, and if the index will break above it, the next target will be the 31,200 level. Otherwise it might fall to the November 2021 level, around 29,000.
This content is for informational purposes only and is not intended to be investing advice.
