Hello traders,
The #USIRYY has dropped to 3% from 3.3 which is really nice, this will make a case for the FEDS to lower rates possibly twice this year.
However the Stock Market is over bought and the Prices are balloned, usually when this happesn we need a correction.
Large investors will find this to be an opportinity to get rid of the stocks at high prices, and re-buy them with dicounted prices later on.
The #ViX index which is the Volatility on SPX500 is bouncing back up from 12.0 level, and it could go all the way up to 20.
So, the SPX500 could fall 6% or 350 points.
Best luck
The #USIRYY has dropped to 3% from 3.3 which is really nice, this will make a case for the FEDS to lower rates possibly twice this year.
However the Stock Market is over bought and the Prices are balloned, usually when this happesn we need a correction.
Large investors will find this to be an opportinity to get rid of the stocks at high prices, and re-buy them with dicounted prices later on.
The #ViX index which is the Volatility on SPX500 is bouncing back up from 12.0 level, and it could go all the way up to 20.
So, the SPX500 could fall 6% or 350 points.
Best luck
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signalsview.com
Contcat us to activate systems and access trading signals
Contcat us to activate systems and access trading signals
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.