Market Report Jul 28 2023

Written By Javid Shaik

The S&P 500 faced significant resistance when retesting the 4600 level, coinciding with the release of news from the BoJ.

The impact of the news items prompted market participants and ourselves to exercise caution and reduce exposure to the market, as we await a pullback.

During the afternoon session, a widespread sell-off was witnessed across multiple sectors and stocks.

Javid Shaik
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