SP500 Index Continues to Watch the 4100 Barrier
Open a demo account to test your knowledge or take advantage of low minimum deposits to try your strategies in a real account. Don't wait to take advantage of today's volatility!The S&P 500 will have to deal with questions regarding interest rates going forward. Although Wall Street is pushing for the Federal Reserve to cut rates and is celebrating the idea of lower, it actually works against the idea of the Fed easing rates and pushes asset prices higher.
The 3900 level is a round number that a lot of people will be paying attention to, as it has been massive support multiple times in the past. If the market drops below that, the 3800 level will be challenged. Anything below the 3800 level is a very, very negative sign for the market. At the end of the day, the S&P 500 has been bullish, approaching the top of the trading range. However, there is a block of massive noise between 4140 and 4200, making it difficult to break out. Traders should anticipate a potential, with the market possibly dropping down to the 200-day EMA or the 50-day EMA, conveniently sitting just above the psychologically important 4000 level.
The market will have to deal with questions regarding interest rates going forward, and once the game of chicken ends, there will likely be a big move. The 3900 level has been massive support multiple times in the past, and anything below that will challenge the 3800 level.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Win VIP tickets to British GT's Silverstone 500!We've teamed up with British GT title sponsor Intelligent Money to give away VIP tickets and grid access | Promoted
Weiterlesen »
S&P 500 ends above 4,000 mark on Wednesday, posting highest close in 3 weeksU.S. stocks finished higher on Wednesday as investors waited on an update on inflation due Friday that could help inform how many more rate hikes to expect from the Federal Reserve. The Dow Jones Industrial Average rose 1%:
Weiterlesen »
Sperm donor in the Netherlands fathers more than 500 children, foundation saysA 41-year-old man allegedly fathered more than 500 children in the Netherlands, according to the Donorkind Foundation, of the Netherlands.
Weiterlesen »
S&P 500 Futures retreat despite Wall Street’s gains, yields seesaw as pre-Inflation anxiety escalatesS&P 500 Futures retreat despite Wall Street’s gains, yields seesaw as pre-Inflation anxiety escalates – by anilpanchal7 SP500 YieldCurve Inflation RiskAversion CentralBanks
Weiterlesen »
Tech stocks retake the leadYear-to-date gains for tech giants like Apple, Microsoft and Alphabet, are bigger, with the shares rising 24%, 17% and 15%, respectively.
Weiterlesen »
Leica's Disney Special Edition Q2 Celebrates '100 Years of Wonder'Leica has announced a limited, special edition Q2 camera in collaboration with The Walt Disney Corporation.
Weiterlesen »