Powell has just mentioned broader disinflation occurring, and also the need to be less restrictive on rates.
This is propelling SPX long momentum.
If you are looking to trade the SPX, there's a few things you need to know first.
This is propelling SPX long momentum.
If you are looking to trade the SPX, there's a few things you need to know first.
Nota
Price just drifting back to highs as expected. Positive sentiment remains and until this is broken, unlikely you will see major falls. Ultimately, just not yet.Nota
Risk off environment via ISM. May not last, be careful.Nota
Early Support Level Hit.Remember, the only thing that will continue this lower is further negative sentiment into next week. Ultimately I expect this to occur, but if it does not immediately and fears subside, then price may returns to highs.
Nota
More fear smashing the SPX, similarly to other risk on assets.Entries, if any, small.
Nota
Sentiment (fear) waning on more comfortable tone and some yen pair bounces.~Would not be surprised if sentiment resumes south.
Nota
Nota
Still no extreme confidence as price drifts. Any longs I'd consider closing.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.