In this chart there is a GREEN area that identifies the area where buyers support the market.
Probably during this week, we could see the S&P500 going below 4435 and then over 4500.
The market seemes to be Bullish on the long run but the interest rates dynamics on the long run could affect this bullish trend. A CUT on the interest rates could be a significant event for a Bearish trend.
Probably during this week, we could see the S&P500 going below 4435 and then over 4500.
The market seemes to be Bullish on the long run but the interest rates dynamics on the long run could affect this bullish trend. A CUT on the interest rates could be a significant event for a Bearish trend.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.