US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4) (ESmain.US)$(4 Hour Chart) -[NEUTRAL]SPX pulled back lower last night, invalidating previous bullish view. We turn neutral now watching near term resistance at 5641.50 and support at 5558. A candlestick close back above 5641.50 will revive the bullish scenario and open further rise towards 5708.25. Alternatively: A 4 hour candlestick closing below 5558 support level will op...
105438147
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Half a year ago, the market confirmed that interest rates would be cut in September, but now the market is worried that the economy has entered recession!
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias with good conviction as long as price is holding above 5610.50 support. A further push up towards 5708.50 resistance is expected. Technical indicators are advocating for a bullish scenario. Alternatively: A 4 hour candlestick closing below 5708.50 support level could open...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ **]We maintain a bullish directional bias as price holds above 5620 support level. We expect price to push towards 5720 resistance level. Technical indicators are leaning towards a bullish scenario as well. Alternatively: A 4 hour candlestick closing below 5620 support level could open a push towards 5580 support level. $USD (USDindex.FX)$(4 Hour Ch...
105438147 : Half a year ago, the market confirmed that interest rates would be cut in September, but now the market is worried that the economy has entered recession!