FED chairperson Jerome Powell said in his press conference that "A considerable inflation is needed to hike rates again."
One of the most important and unavoidable judgment every trader must made every day is , "WHAT AN INVESTOR IS THINKING". One of many tools available to gauge that is SPX500. Its direction, momentum, highs and lows narrates the real story of the over all market place. If you are managing a large FOREX ACCOUNT and don't spent considerable time every day on this CHART..... TAKE MY WORDS, YOU ARE SOON GONNA GET A FINANCIAL DIVE HEADWAY OR EVEN MAY BE KICKED OUT OF THE MARKET.
Well, after making all time high on 25 October, SPX500 needed fresh fooder to continue its voyage. It has received the same last night when FED cut its rate by 1/4%. The most important sentence of last night was, when FED chairperson Jerome Powell said in his press conference that "A considerable inflation is needed to hike rates again." Markets reacted briskly on this sentence. Steamed glass got clear, investors has a clear vision.
Since 2018 US Equities got many sharp and deep corrections. Just in few days, gains of weeks/months were erased. I have highlighted all those since 2018 till now..... Most of these are due to US-CHINE trade war. A couple of in start of 2018 were due to Chinese slowdown fears just like we had in 2015-2016.
If you haven't start paying good attention to SPX500 YET, Start it now.....Otherwise it might be too late to think of it.....
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.