koboltrading

#SPY #SPX500 will the FED cut rates today? 30.10.2019

Short
OANDA:SPX500USD   S&P 500 Index
While the SP500 trading at all time high and Mainstream media and the American Government is just talking about how wonderful, bright and happy everything is i just want to share the technical chart of 2019 Federal Reserve Fed Cuts on the SP500 Chart which were done this year.

31.07.2019 2,25% SP500 dropped 8-9%
18.09.2019 2,00% SP500 dropped 5-6%

Economist and Media are expecting a 3rd Rate cut this year today.
And probably they will do it and announce that this will be the last rate cut they are doing.

So there is a big question mark how the market will react today, and past performance is no indication for future events.

here you can watch the Livestream today:
www.youtube.com/watch?v=FDU8BvHQ...

Trade Safe!



===========================
You can copy and follow my Trades on eToro
www.etoro.com/people/koboltrading
===========================

#FED #FEDCUTRATES #TECHNICALANALYSIS #SP500 #SPX500 #SPY $SP500 $SPX500 $SPY #SP500INDEX

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.