The Nordea Foundation changed expectations regarding the Federal Reserve’s expected interest decision for March, indicating the possibility of the bank remaining interest without changing during that meeting rather than reducing it, and its trend to cut rates in June, supported by the Fed’s hints Due to his preference for waiting and watching the markets during the coming period.

The price of the index confirmed its surrender to the control of the correctional trend, which has been repeatedly stable below the level of 29220. By breaking this barrier, trading may extend towards the support currently centered around 28845.

As for the price rally above 29220, this would cancel the descending corrective view and confirm its readiness to renew positive attempts until reaching the stable top at 29430.

The expected trading range is between 29220 and 28845

The expected trend for today: The barrier remains steady