S&P 500 E-mini Futures
Updated

How To Understand The Sentiment Drivers Behind The S&P

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What is moving to SPX up relentlessly and how should you trade it?

Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change.

At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.
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Again, same boring FED Rhetoric. No significant change to add shorts.
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Further FED impetus/inflow to give 'safer' outlook and hence further rise. Plans remain^
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Jobs data again inline with pushed rhetoric and results. More positivity for US markets. Await change, inline with video.
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Follow-up on recent moves:

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