Powell raised his voice! Finally!

2023年3月8日

- Yesterday, Powell raised his voice against persistent inflation. Will 5% y.y be the next stop for the American rate? This will be the value to be pursued by the FED.

-In view of this new news, the 3700 region may be the target for the time being, as we will see investors looking for more discounts to resume shopping.

-The bull trend line formed at the bottom of 3494 at the moment seems to me to want to serve as resistance as well as the bear trend line formed at the last top at 4817
(In case prices miss the region of 3960)!

-We have the long average just below to try to help prices stay above 3900, but I believe it alone is not strong enough for that.

-Now we will have the financial instructionals poring over their spreadsheets to find the best point of purchase.

-At the moment we don't have much to do, we just have to wait for the big players and houses to analyze their perspectives so that we mere sardines can have our little private party.

-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other SPX reviews!