Tag: spx
Sep
19
Is the Fed preparing to crash the markets, or will it give them a helping hand?
The weekly balance sheet data from the Fed showed an increase of 10.4 billion – a very unexpected change as the central bank should, on the contrary, have accelerated the balance sheet reduction since the beginning of September. However, so far, the Fed has broadly stuck to its plan. The official release on May 4 […]
May
26
S&P 500 Wave Analysis – 26 May, 2022
• S&P 500 rising inside wave (iv)• Likely to reach resistance level 4100.00 S&P 500 index earlier reversed up from the key support level 3900.00, standing near the lower daily Bollinger Band and the support trendline of the daily down channel from January. The upward reversal from the support level 3900.00 started the active short-term […]
