Yields remain high, Bonds are selling off, Huge price demand @ 4650, which is also 72.8% Impulse drop, and typically a Reversal level. Now that Mr.T backed-off on Tariffs, Powell might do a rate-cut and create a Bounce!
Note
Golman Sachs is calling 5300 or so a Target area, which coincides with our wave 4 peak!Trade active
Powell is likely to do a Rate-Cut in the 4650 S&P 500 price area!⬆:-)
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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.