👀Possible scenario:
U.S. stock futures climbed on June 27, with the S\&P 500 and Nasdaq nearing record highs as investors awaited May’s PCE inflation report — the Fed’s preferred gauge — due at 8:30 a.m. ET.
Rate cut expectations grew following reports that President Trump may replace Fed Chair Powell by fall. The odds of a July rate cut rose to 20.7%, up from 14.5% last week. Soft GDP growth, rising jobless claims, and a rare earth trade agreement with China added to the dovish outlook. Also due June 27 final June consumer sentiment data and remarks from several Fed officials.
✅Support and Resistance Levels
Support level is now located at 21,360.0
Now, the resistance level is located at 22,570.0
U.S. stock futures climbed on June 27, with the S\&P 500 and Nasdaq nearing record highs as investors awaited May’s PCE inflation report — the Fed’s preferred gauge — due at 8:30 a.m. ET.
Rate cut expectations grew following reports that President Trump may replace Fed Chair Powell by fall. The odds of a July rate cut rose to 20.7%, up from 14.5% last week. Soft GDP growth, rising jobless claims, and a rare earth trade agreement with China added to the dovish outlook. Also due June 27 final June consumer sentiment data and remarks from several Fed officials.
✅Support and Resistance Levels
Support level is now located at 21,360.0
Now, the resistance level is located at 22,570.0
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免責聲明
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