SPx falling with CPI
SPx
The price started to drop due to the CPI results, All the market waiting for the result and this result as expected will be published at more than 3.6% and about 4.3%, So already This will be high volatility, especially indices
Standard and Poor's will be negative depending on the expectation and the fall will be about 2.00%.
technically:
As long as stabilizing under 4478 will support falling to get 4442 and under it will reach 4392
Otherwise, stabilizing above 4505 will support bullish to get 4540
Pivot Price 4478
Resistance prices: 4505 & 4530 & 4580
Support prices: 4443 & 4421 & 4392
The moving range is between 4505 and 4391
The price started to drop due to the CPI results, All the market waiting for the result and this result as expected will be published at more than 3.6% and about 4.3%, So already This will be high volatility, especially indices
Standard and Poor's will be negative depending on the expectation and the fall will be about 2.00%.
technically:
As long as stabilizing under 4478 will support falling to get 4442 and under it will reach 4392
Otherwise, stabilizing above 4505 will support bullish to get 4540
Pivot Price 4478
Resistance prices: 4505 & 4530 & 4580
Support prices: 4443 & 4421 & 4392
The moving range is between 4505 and 4391
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~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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