SPX remains capped below the anchored VWAP — sellers still dictating flow. If price can’t reclaim above, a move toward the lower bound of this descending channel remains in play. Watching for a reaction near channel support.
Macro Backdrop:
Macro Backdrop:
- Sticky yields: 10Y holding near cycle highs keeps pressure on equity multiples.
- Fed tone: “Higher for longer” stance limits risk appetite and valuation expansion.
- Slowing growth: Softening ISM and consumer data hint at cooling demand.
- Earnings compression: Margin pressures building as labor and input costs stay elevated.
- Geopolitical overhangs: Middle East tensions and trade friction adding to risk-off tone.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.