S&P 500 Index
Short

What to do now that FEDs going to lower interest rates ?

267
This is for traders who enjoys taking advantage of short term market movements. For investors who are holding on to great companies, just sit tight.

The first support level is the gap at 6023 price level. The 2nd level at 5689 is less likely but not impossible.

This fall will be good as US markets are over valued for a while and any falls will be a good accumulation point. Also, the month of September is also seasonally a down month so no hurry to get in. So do be patient and please DYODD.
Note
Opportunity or Loss?
Note
In theory , it is supposed to fall but could this piece of news be factored into the market already? Nobody can predict the market with a single factor what causes it to go up or down. So many factors are at play and that is what makes the world of prediction and doomsday porn so interesting - each having its own theory! It is up to you - investor/traders/punters to believe them and act on it.

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.