DavidPascucci

S&P500 over 4500 this week

Long
OANDA:SPX500USD   S&P 500 Index
In this chart there is a GREEN area that identifies the area where buyers support the market.

Probably during this week, we could see the S&P500 going below 4435 and then over 4500.

The market seemes to be Bullish on the long run but the interest rates dynamics on the long run could affect this bullish trend. A CUT on the interest rates could be a significant event for a Bearish trend.

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