SPX500|Correction to an important level!
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The stock market showed a good increase last week, I think that the SPX500 could test the level of $4000-4200 again if it were not for the reports of large companies, they would see the rocket even higher.
At the moment, the asset is testing the local countertrend, and is holding up very well before raising the key rate by 0.75 bp
I think that there will be a continuation of the correction to the level of 3800-3780 as we all know that before the FOMC they always like to storm the markets, so it will not be surprising to see this.
The stock market showed a good increase last week, I think that the SPX500 could test the level of $4000-4200 again if it were not for the reports of large companies, they would see the rocket even higher.
At the moment, the asset is testing the local countertrend, and is holding up very well before raising the key rate by 0.75 bp
I think that there will be a continuation of the correction to the level of 3800-3780 as we all know that before the FOMC they always like to storm the markets, so it will not be surprising to see this.
Related publications
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.