Hi everybody! Sometimes it could be useful to look back a bit to have clear in mind where we are and where we want to go. This chart shows the trend of S&P500 since 1800'. Great Depression, Oil Crisis, Tango Bonds,... have always been great opportunities for the market. That said, the market is mainly made up of "emotions" that trigger certain movements, so opportunities have always existed, exist, and will exist in the future....
MARKET EMOTIONS CYCLE
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
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...in short term we should be able to reach 4k zone, 1°big support on intraday chart (1h)
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Short Term Sell Setup (Click & Play on chart below)
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(Reuters) - The U.S. Federal Reserve said it will hold a closed-door meeting of its board of governors under expedited procedures on Monday.
The meeting from 11:30 a.m. (0330 GMT) will primarily review and determine the advance and discount rates to be charged by the Federal Reserve banks, the Fed said in a statement.
The central bank offered no further details, but the move follows Friday's collapse of Silicon Valley Bank, was the biggest failure since the 2008 financial crisis. It roiled global markets, walloped banking stocks and left California tech entrepreneurs worrying about how to make payroll