Markets at Critical Levels Ahead of Fed Meeting That Could Shape Next Big Moves
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Rates, dollar, commodities, and equities are at critical technical levels ahead of Fed meeting, suggesting next market moves could have longer impact.
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10-year Treasury yield testing resistance at 4.35%; breakout could send it to 4.5%, failure could drop it to 4%.
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Nasdaq 100 sitting on support at 17,850; break could trigger decline but hold could allow rally back to highs.
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Copper rallying to resistance at $4.13; breakout could send it to $4.26, failure could drop it below $4.
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Fed policy directives will impact rates, dollar, and financial conditions, which will carry monetary policy, tightening or easing conditions.