S&P 500 Index Futures Dip as Trump Targets Powell
U.S. stock index futures declined on Monday after former President Donald Trump criticized Federal Reserve Chair Jerome Powell, raising concerns about the central bank's independence. This added to investor unease amid ongoing trade tensions.
Last Friday, White House economic adviser Kevin Hassett stated that Trump and his team were considering whether removing the Fed Chair could be an available option.
Technical Analysis:
The index is expected to test the support zone at 5195 – 5151. A bounce from this area could lead to a recovery toward the resistance levels at 5284 and 5361.
However, a confirmed 1H or 4H candle close below 5151 would signal a bearish continuation, potentially driving the price down to 5092.
Pivot: 5247
Support Levels: 5195, 5151, 5092
Resistance Levels: 5282, 5325, 5361
U.S. stock index futures declined on Monday after former President Donald Trump criticized Federal Reserve Chair Jerome Powell, raising concerns about the central bank's independence. This added to investor unease amid ongoing trade tensions.
Last Friday, White House economic adviser Kevin Hassett stated that Trump and his team were considering whether removing the Fed Chair could be an available option.
Technical Analysis:
The index is expected to test the support zone at 5195 – 5151. A bounce from this area could lead to a recovery toward the resistance levels at 5284 and 5361.
However, a confirmed 1H or 4H candle close below 5151 would signal a bearish continuation, potentially driving the price down to 5092.
Pivot: 5247
Support Levels: 5195, 5151, 5092
Resistance Levels: 5282, 5325, 5361
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
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.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
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.