Give thanks to the FED, for now!
-The FED has done its job to contain US inflation by raising its interest rate by 25 bp.
-The market, in my opinion, even digested this news well, but for now, the bad news could come from the banks! Let's wait, because that's all we have left!
-I think the 3700 region is a point where it will be defended tooth and nail by the market.
-For the SPX index to reach this level, some papers need to undergo further adjustments in their prices for investors to return to purchases.
-The daily chart is on the verge of making a bearish pivot with the loss of the 3919 region.
-If prices do not stay above the 3989 region, we can say goodbye to the 3900 region, and say hello to the 3700 region, with the right to a "SELL TRAP" at 3631. Let's wait!
-Do your analysis and good business!
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
-The market, in my opinion, even digested this news well, but for now, the bad news could come from the banks! Let's wait, because that's all we have left!
-I think the 3700 region is a point where it will be defended tooth and nail by the market.
-For the SPX index to reach this level, some papers need to undergo further adjustments in their prices for investors to return to purchases.
-The daily chart is on the verge of making a bearish pivot with the loss of the 3919 region.
-If prices do not stay above the 3989 region, we can say goodbye to the 3900 region, and say hello to the 3700 region, with the right to a "SELL TRAP" at 3631. Let's wait!
-Do your analysis and good business!
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
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