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Day: January 29, 2025

Head & Shoulders Reversal Pattern

Head and Shoulders thumbnail

When it comes to classic price chart patterns, you really can’t get more classic than the Head and Shoulders pattern. This pattern is so famous, it’s practically a rockstar of technical analysis. In fact, if there were a Hall of Fame for chart patterns, the Head and Shoulders would be inducted as the “Mother of […]

Fed Holds Steady on Interest Rates Amid Economic Resilience (4.5%)

The Federal Reserve has decided to keep the federal funds rate steady at 4.25% to 4.5%. This decision comes as inflation remains somewhat high, and the Committee aims to balance employment, and inflation risks while targeting maximum employment and 2% inflation in the long term. Powell on Labor Market Conditions Fed Chair Jerome Powell, in […]

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