Market outlook SPX and DXY
SPX- Moody downgraded US credit rating and Govt shutdown possibilities along with SPX being over brought, we could see a rejection here.
Next resistance $4400 and $4480
Next support $4360 and 4290
Sentiment = Overbought
Dollar Index: There is a lot of economic data from inflation to fed speaker.
Overall, the dollar index looks like it held support and could run up.
Next resistance $106.90
Support - $105.65
Sentiment = Oversold
Next resistance $4400 and $4480
Next support $4360 and 4290
Sentiment = Overbought
Dollar Index: There is a lot of economic data from inflation to fed speaker.
Overall, the dollar index looks like it held support and could run up.
Next resistance $106.90
Support - $105.65
Sentiment = Oversold
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
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.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
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.