S&P 500 Futures Rally on Trade Ruling
S&P 500 futures rallied on Thursday following a significant ruling by the U.S. Court of International Trade. The court found that former President Donald Trump had exceeded his authority with his implementation of certain reciprocal trade tariffs. As a result, the court ordered these measures to be vacated and permanently blocked.
This legal decision has been viewed positively by investors, contributing to the rally in futures. If the current momentum continues, price action could push higher, with key resistance targets at 5,950 and potentially 6,000.
Traders if you like this idea or if you have own Opinion about it write in comments i will be Glad.
S&P 500 futures rallied on Thursday following a significant ruling by the U.S. Court of International Trade. The court found that former President Donald Trump had exceeded his authority with his implementation of certain reciprocal trade tariffs. As a result, the court ordered these measures to be vacated and permanently blocked.
This legal decision has been viewed positively by investors, contributing to the rally in futures. If the current momentum continues, price action could push higher, with key resistance targets at 5,950 and potentially 6,000.
Traders if you like this idea or if you have own Opinion about it write in comments i will be Glad.
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