The SP500 has suffered a massive 8% drop, currently trading around 5158 at the moment, after market turmoil triggered by Trump's new tariff war. Panic selling has pushed the 30-minute RSIto an extreme oversold level of around 28, signaling potential short-term exhaustion.
Possible Scenarios:
🔹 Short-Term Bounce? The RSI suggests a possible technical rebound,...
Current Situation:
EUR/USD spiked to 1.10 levels(up sharply) following Trump’s tariff announcement, defying initial expectations of short-term USD strength. This suggests markets are pricing in long-term risks to the USD (growth fears, retaliatory tariffs) faster than anticipated.
Key Drivers Behind the Move:
1. Tariff Backfire Risk: Investors may fear tariffs...
