S&P 500| SHORT INCOMING | DECRYPTERS

2023년 4월 2일

Hi people welcome to Team Decrypters

POTENTIAL SHORT SETUP

We Expecting short term Retracement At least ( orange path)

Long term Target ( yellow path could be followed )

FED has cleared they will Keep Rate hikes ELEVATED for long time , Markets are pricing in Future Rate cuts

i don't think there will be ANY RATE CUTS ,probably 1 more Rate hike and than pause and than keep the RATE HIKES Stay There.

People will Start to spend Less

This will Surely cause RECESSIONARY ENVIOREMENT

Which will cause Earnings to DROPS , Meaning Companies EVALUATION will DROP

Markets Can even CRASH IN MY OPINION ( circumstances can change later but for not it SEEMS)

NOTE :- NASDAQ PREVIOUS CHART linked so in short Nasdaq will Follow S&P 500 Same things Apply for NASDAQ