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Is the S&P500 going down after Powell’s speech?

by Neville Hornsey
17 May 2022
in Index
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I personally think the S&P500 has bottomed at the bottom of the descending channel and around the 4000. A consecutive close above the big figure following a daily swing low should be enough to give the bulls some support and they have a great target of the highs from the FOMC to aim for. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

1:06 S&P 500

Tags: DXYFedFOMCRBAUS DollarUSA500
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