Weekly outlook August 26-30 $SPY
SPY has been pricing in Fed cuts since the yen-dollar unwind in my opinion. I think we consolidate here for at least a few more days until moving either higher or lower (depending on Fridays PCE numbers). Trend is still bullish however, FED has signaled their move. Whether its 50 BPS or 25, the market is uncertain
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.
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.