Market Rally Tested by Divergence and Fed Uncertainty

Market test

Negative divergences are showing up in important parts of the market. At the same time, options are expiring and the Federal Reserve’s plans are still unknown, adding more pressure.

We look at the main support levels that could hold the market. We also explain why the semiconductor industry stays a key area to watch. Finally, we think about whether the market might settle into a summer‑time pause after its recent rise.


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