So the Market index SPX seems to be going for a minor correction, if followed with major negative fundamental news we can see this going below the Logarithmic curve.
Ukraine - Russian War.
Chinese FUD
Fed and money printing issues ( Averted until Q1 Next year)
Government shutdown etc
Bond repayments.
Overall these indices affect the entire market, and analysis on indices should not be taken lightly.
My take:
We may see minor correction in the broader market or may have minor correction to be bounced off the curve.
But it wont be a full blown crash to 4000$ region or so.
Not financial advice.
Ukraine - Russian War.
Chinese FUD
Fed and money printing issues ( Averted until Q1 Next year)
Government shutdown etc
Bond repayments.
Overall these indices affect the entire market, and analysis on indices should not be taken lightly.
My take:
We may see minor correction in the broader market or may have minor correction to be bounced off the curve.
But it wont be a full blown crash to 4000$ region or so.
Not financial advice.
Note
My guess is we may likely even see it in March of Next year.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.