This Stage Appears Essential | Investing.com


What a bizarre day, huh? After the FOMC announcement, I received excited that we would even have a giant pink day, however it was to not be.

What I can say, nevertheless, is that trying on the , there definitely appear to be some fairly a little bit of essential across the Fibonacci retracements, that are performing as attractants/help/resistance. Right here is the weekly chart:

S&P 500 Futures Weekly Chart.

S&P 500 Futures Weekly Chart.

Particularly, the extent in query is 4245, which has, in current weeks, been fairly a “draw” for value motion.

S&P 500 Futures Chart.

In case you don’t suppose one thing as crude as a weekly chart, with anchor factors which can be actually years aside, issues, I give you this minute bar graph of right this moment’s motion.

S&P 500 Futures Minute Chart.

S&P 500 Futures Minute Chart.

So, yeah, that was a heartbreaker, however at the very least now we have some sense as to the place that help got here from.

Disclaimer: Fusion Media want to remind you that the information contained on this web site just isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs aren’t offered by exchanges however reasonably by market makers, and so costs will not be correct and should differ from the precise market value, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties doable.



Source link

Related articles

Thailand bids to affix Alaska gasoline undertaking earlier than tariff talks

(Bloomberg) – Thailand mentioned it’s concerned with co-developing a large gasoline pipeline undertaking in Alaska backed by President Donald Trump, because the Southeast Asian nation explores methods to chop its $46 billion commerce...

Q&A with Anthropic co-founder Jack Clark on the elements of the economic system AGI will have an effect on final, why he is comparatively...

Featured Podcasts Techmeme Trip House: Apple's Coming For The Meta Ray-Bans The day's tech information, daily at 5pm ET. Fifteen minutes and also you're updated. Subscribe to Techmeme Trip House. Sponsor this podcast Arduous Fork: Dangerous Apple + The Rise...

Ethereum Holds Above $1900 Realized Value Signalling Lengthy-Time period Bullish Confidence

Semilore Faleti is a cryptocurrency author specialised within the subject of journalism and content material creation. Whereas he began out writing on a number of topics, Semilore quickly discovered a knack for cracking...

Tim Draper Helped Fund Coinbase — Now He’s Completed Being Quiet | by Chip Mahoney | The Capital | Could, 2025

The Draper Dragon is now on fireplace for Corp BitcoinTim Draper has by no means been simply one other billionaire investor.Whereas most of Silicon Valley was laughing at Bitcoin as a plaything for...

India-UK FTA welcome switch; not so much bearing on automotive prices: Mercedes-Benz, BMW

Mercedes-Benz and BMW have termed the India-UK free commerce settlement (FTA) a optimistic enchancment whereas noting that it won't have so much bearing on the prices of luxurious cars throughout the nation. Closing week,...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com