1. Hello Guest Click here to check FX Binary Point Financial Directory

S&P 500 rally losing momentum

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Ahead of the FOMC statement, the charts of the S&P suggest there is a possibility for a pullback in US stock markets, though at this stage there are no confirmation signs to suggest this will indeed be the case. Bullish speculators should therefore proceed with extra caution, while the conservative bears may want to wait for confirmation. The outcome of the FOMC statement and Janet Yellen’s press conference will no doubt have an impact on the foreign exchange markets, as my colleague Matt

    Continue reading...

Share This Page