Here is a 4 Hour chart posted above Bearish Bias Price Already rejected the downtrend line Which is also a 50% retracement area Price is moving in a bearish correction pattern Most likely price will be coming to touch the horizontal support drawn Bullish Bias The US will announce another rate hike which is expected […]
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What do u think will be the next move for S&P500 The S&P 500 Index, or Standard & Poor’s 500 Index, is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S.
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The GDP news will create a lot of movement While this is q/q data, it’s reported in an annualized format (quarterly change x4). There are 3 versions of GDP released a month apart – Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact; Looking at the […]
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