Technical Analysis

• The Bureau of Economic Analysis is scheduled to release the personal consumption expenditures (PCE) price index report on Wednesday, August 26. • This report provides critical data on inflation, specifically through the Core PCE, which is the Federal Reserve's preferred metric for guiding monetary policy. • The release is a pivotal event for investors as it will likely influence the Federal Reserve's upcoming decisions regarding interest rate adjustments.

• Dutch Bros shares rose 4.17% in recent trading to reach a price of $51.95. • Technical analysis indicates the stock is showing strong upward momentum and is currently trading above key support levels. • The stock is now approaching a significant resistance level at $57.47 while operating within a volatile trading range.

• Palantir shares are currently trading at $171.63, showing a slight 0.1% gain while remaining below key moving averages. • Technical analyst Anton Kharitonov of Traders Union identifies a strong resistance level at $175.41, noting that sellers currently maintain control of the price action. • While technical momentum is weak, the company's increased corporate outreach is viewed as a positive, though gradual, fundamental shift in its business strategy.

• A recent surge in US long-term Treasury yields has triggered a bond market selloff, causing concern among equity investors regarding the stability of the stock market. • Technical analyst Mark and other experts identify five resilience signals, including a VIX-to-VVIX ratio of 0.17 and the continued strength of financial stocks during yield curve steepening. • Deutsche Bank strategist Maximilian Uleer warns that Brent crude exceeding $100 per barrel, combined with high long-term rates and falling inflation, would be a more critical danger signal.

• The USD/KRW currency pair is currently trading at ₩1,490, reflecting a 0.53% decrease as the U.S. Dollar faces persistent downside momentum. • Technical analysis indicates a flat pattern is holding, with critical support established at the ₩1,482 level. • This price action occurs amid broader market volatility, including mixed U.S. stock futures and concerns over an oil shock impacting CPI data.