S&P 500 continues its downward trend
Updated
The S&P 500 has been in a downward trend since the beginning of 2022
This week we broke the resistance from June. Which is a clear signal of bearish dominance in the equity market
We cannot expect any sudden changes in the FED policy in the coming months
Market consensus is that the peak of interest rate hikes will fall in March at 4.5%.
This week we broke the resistance from June. Which is a clear signal of bearish dominance in the equity market
We cannot expect any sudden changes in the FED policy in the coming months
Market consensus is that the peak of interest rate hikes will fall in March at 4.5%.
Trade closed: stop reached
Trade was closed on stop loss, but the target I marked is still active.
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