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Us500trade

S&P 500 BEARISH OUTLOOKThe major US indices, including S&P 500, are continuing to plumed after the Fed rate decision yesterday. The interest rate reached 3.25%, as it was predicted, but the forecasts are that the interest rates will keep increasing into the entire 2023 as well, reaching levels of 4.6% The technical indicators are suggesting a downtrend as well, MACD histogram is below the 0 line and the RSI is well below the oversold 30 line. If the trend continues the price might test its levels at 3670, but if it reverses, it might test its previous high at 3958. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
PEPPERSTONE:US500Short
by legacyFXofficial
SP500 LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on SP500 as price rejected an important are of ,, support,, bullish orderblock area on H4 + imbalance fill. Price made the expansion move and right now should go for a correction to fill the price inefficiences, another confluence that i see there is that VIX made a double bullish GAP that wasn't filled and price should go for it for today. VIX DOWN means STOCKS UP market correlation What do you think ? Comment below..
ULong
by AnonimFXRO
1
US Market Technicals Ahead (8 Feb – 12 Feb 2021)All three US major averages finished the week in the green, with each posting its best week since November 2020 as fears of the short-squeeze in a handful of stocks leading to broader market contagion subsided. Investors will be focusing on earnings and the prospects for a hefty new coronavirus relief package in the week ahead. Markets will also be watching the latest consumer price inflation numbers on Wednesday amid expectations for an uptick as the economic backdrop improves and the vaccine roll-out gains momentum. Here’s what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) kicks off the month of Feburary with a weekly gain of +5.03%, the best week of the index since November 2020. This rally not only fully recovered the correction from the initial week, but it also established a new all time high for $SPX at 3,895 level. Additionally, $SPX is now back above its 20DMA, along with the consolidated Trend Channel highlighted last week. At the current junction, the week’s rally of $SPX have exhibited a Bearish Divergence pattern; as the daily rally of $SPX is accompanied with a volume exhaustion. The first signs of weakness in this rally will require a re-test of all-time high resistance turned support at 3,870. 1. Earnings Better-than-expected corporate results so far in the fourth quarter have driven up analysts’ expectations, and S&P 500 ($SPX) companies are on track to post earnings growth for the period instead of a decline as initially expected. Upcoming U.S. reports in the week ahead include Cisco Systems ($CSCO), Twitter ($TWTR), General Motors ($GM), Pepsi ($PEP), Coca-Cola ($KO), AstraZeneca ($AZN) and Walt Disney ($DIS). Upbeat earnings along with stimulus talks and progress on the vaccine rollout boosted equities last week, with the S&P 500 and the Nasdaq recording their largest weekly percentage gains since the U.S. elections in early November. Upbeat fourth-quarter results would bolster expectations for a strong rebound in earnings in 2021 and help to ease investor worries that valuations are overstretched. 2. Stimulus U.S. President Joe Biden’s push for his $1.9 trillion COVID-19 relief package gained momentum on Friday after the U.S. Senate narrowly approved a budget blueprint allowing Democrats to push the legislation through Congress in coming weeks with or without Republican support. Republicans have proposed a $600 billion aid package, less than a third the size of the Democratic plan. Congressional committees are set to start drawing up legislation this week and Speaker Nancy Pelosi has predicted the final legislation could pass Congress before March 15, when special unemployment benefits that were added during the pandemic expire. Data on Friday showing a smaller-than-expected rebound in the U.S. labor market in January underscored the need for more stimulus to bolster the economy. 3. Inflation data Market watchers will be paying close attention to Wednesday’s CPI data amid growing expectations that an uptick in inflation could be larger and longer lasting than the Federal Reserve is currently anticipating. U.S. Treasury investors are betting on rising inflation as the U.S. economy returns to more normal levels in the second half of this year, after contracting at its deepest pace since World War Two in 2020. The prospect of a new coronavirus relief package is adding to inflation expectations. Meanwhile, Fed Chair Jerome Powell is to speak about the labor market on Wednesday at a webinar hosted by the Economic Club of New York. Thursday’s figures on initial jobless claims will also be in focus.
UShort
by jfsrevg
1