US500: One Final Dip

The S&P500 might be going into one final small bearish impulse before making new highs. The index has been soaring for almost 2 weeks, erasing gains made during the summer. This correction was expected, but as inflation rates in the US are going down the US500 will be going back to its bullish track during the next week. This is the final opportunity for buyers as the index is moving around its EMA50. Patience is key.

Trade Safe

Cyril