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Real-time News
US-Israel-Iran Conflict: ① Iran 1. Iran claims missile and drone production continues. 2. Irans Chief Justice: The enemy must pay war reparations. 3. Iran announces suspension of ticket sales; flights must be approved on a case-by-case basis. 4. Irans Civil Aviation Organization announces the reopening of some Iranian airspace. 5. Iranian Army Commander: The failure of the operation in Isfahan province was the main reason for the enemys ceasefire. 6. Irans First Vice President: Trumps remarks stem from his delusions and lies; there is no need to respond. 7. Satellite images show fires at two Iranian oil refineries, just days after multiple crude oil storage tanks at these refineries were damaged. 8. According to Iranian media Mizan: Iran will not open the Strait of Hormuz while the US blockade remains in place; Iran is reviewing recent US proposals. 9. According to Iranian media: Irans First Vice President stated that Iran is responsible for the management of the Strait of Hormuz. Either they (the US) give us rights at the negotiating table, or we will go to war. 10. Iran claims US-Israel attacks have killed 3,468 Iranians. 11. According to Irans Press TV: Iranian commanders claim to have shot down 170 US and Israeli drones during the war. ②US 1. US military: 21 ships have turned back to Iran as instructed by the US military. 2. US media: Trump convened a White House Situation Room meeting on the situation in the Strait of Hormuz and US-Iran negotiations, attended by the Vice President, Secretary of State, Secretary of Defense, Secretary of the Treasury, and other senior officials. 3. US Central Command: The guided-missile destroyer USS Pinckney (DDG 91) patrolled the area to support the blockade operation. This blockade has completely blocked maritime economic and trade activities in and out of Iran. 4. According to the New York Times: US intelligence assessments suggest that Iran still retains about 40% of its pre-war drone inventory and has dug underground missile cities during the ceasefire. It currently possesses about 60% of its missile launchers and possibly as much as 70% of its missile inventory. ③Israel 1. The Israeli military established a new "Yellow Line" in southern Lebanon, aiming to implement the "Gaza Model." ④Strait of Hormuz 1. Trump stated that there will be no tolls in the Strait of Hormuz. 2. Several ships attempted to pass through the Strait of Hormuz but ultimately turned back. 3. Maritime News: Iranian Revolutionary Guard opened fire on oil tankers attempting to cross the Strait of Hormuz. 4. US Central Command: Since the blockade began, 23 ships have turned back at the instruction of the US military. 5. Five Iranian oil tankers attempted to break through the US blockade by concealing navigation data. US destroyers forced three Iranian oil tankers to return and are pursuing two more. 6. Indian Government: The Indian Foreign Secretary expressed deep concern over the shooting incident involving two Indian-flagged vessels in the Strait of Hormuz earlier today. 7. According to Axios: A US Department of Defense official stated that the Iranian Islamic Revolutionary Guard has launched at least three attacks on merchant ships in the Strait of Hormuz since Saturday morning (local time). 8. Iranian Islamic Revolutionary Guard: The Strait of Hormuz has been blocked from the evening of the 18th until the US blockade is lifted. 9. Shipping in the Strait of Hormuz has come to a standstill again. ⑤ Ceasefire Negotiations 1. Islamabad traffic control escalates in preparation for US-Iran negotiations. 2. Iran is reviewing new US proposals and has not yet responded. 3. Iran stated it has not yet agreed to hold the next round of negotiations with the US. 4. Trump responded to the inconsistency in US and Iranian messages: because Iran also has people it needs to appease. 5. Advisor to Irans Supreme Leader: Internal unity and the resistance front cannot be used as bargaining chips. 6. Trump warned that if negotiations fail, he might acquire Irans uranium stockpile in a "more unfriendly way." 7. On the 17th, Trump stated regarding Iran that he had just received "some pretty good news, mainly that Iran will not possess nuclear weapons." 8. Trump: If an agreement cannot be reached with Iran by the 22nd, the ceasefire may not be extended. 9. Trump: The US and Iran are in dialogue, and there will be news before the end of today. Iran cannot blackmail us by closing the Strait again. 10. The Iranian Parliament Speaker stated that there is still a long way to go before reaching a final agreement with the US. ⑥ Other situations: 1. The Pakistani delegation concluded its visit to Iran. 2. UNIFIL was attacked in southern Lebanon, resulting in 1 death and 3 injuries. 3. The US announced sanctions against 7 commanders of Iraqi militia groups. 4. International Maritime Organization: Approximately 20,000 seafarers are stranded in the Persian Gulf. 5. Iraq claims oil exports from all oil fields will resume within days. 6. British Foreign Secretary urges full resumption of shipping in the Strait of Hormuz. 7. Hezbollah leader: Will respond to violations of the ceasefire agreement. 8. Israeli military says its attacks on militants in several Lebanese regions are "unrestricted by the ceasefire." 9. Hezbollah denies attacking UNIFIL soldiers in Lebanon. 10. Rosatom CEO: Rosatom is prepared to assist Iran in transporting enriched uranium. 11. IATA: Flight cancellations in Europe could begin as early as the end of next month; countries need to coordinate responses. 12. Élysée Palace: Macron, after speaking with the Lebanese president and prime minister, stated that the attack on UNIFIL soldiers in Lebanon is unacceptable. 13. Lloyds Ship Daily reports that the average price of ultra-low sulfur fuel oil (VLSFO) for marine propulsion has fallen to $856 per ton. The price is down 19% from the wartime peak in the Middle East, but is still 73% higher than the average price in January and February.On April 19th, Iranian Parliament Speaker Mohammad Ghalibaf stated in an interview with local media that Iran accepted the ceasefire to express its demands. He emphasized that negotiations are a form of struggle, and Irans primary goal should be to advance and consolidate national rights within this framework. Regarding the progress of negotiations with the United States, Ghalibaf stated that while the negotiations have not eliminated mutual distrust, both sides have gained a more pragmatic understanding of each other. Some issues have been resolved, while others remain unresolved, and he believes there is still a long way to go before a final agreement is reached. He also stressed that Iran maintains its position on certain issues, and these demands are non-negotiable.On April 19, local time, the South Korean National Security Office held an emergency security briefing regarding North Koreas ballistic missile launch. According to the South Korean Joint Chiefs of Staff, North Korea launched several unidentified ballistic missiles from the Sinpo area into the East Sea (Sea of Japan) at approximately 6:10 AM. North Korea has not yet responded.On April 19th, according to Israeli sources, the Israeli military has established a new "Yellow Line" in southern Lebanon, aiming to implement a "Gaza Model" there. Previously, the "Yellow Line" only referred to the ceasefire line in the Gaza Strip. According to the first phase of the Gaza ceasefire agreement, the area outside the "Yellow Line" was under Israeli control, and the Israeli military had repeatedly shot and killed Palestinians who crossed the "Yellow Line." According to Israeli sources, the new "Yellow Line" refers to a strip of "defense zone" controlled by the Israeli military, extending approximately 10 kilometers along the temporary Israeli-Lebanese border towards the Lebanese side. Even during the ceasefire, the Israeli military continued operations along the new "Yellow Line" closer to the Israeli side. Other Israeli reports indicate that the Israeli military is implementing the "Gaza Model" in southern Lebanon, setting up obstacles within the newly demarcated "Yellow Line buffer zone" to prevent residents from returning to their homes, clearing Hezbollah infrastructure there, and strengthening a "multi-layered defense line" extending to the Litani River in southern Lebanon.UN Secretary-General António Guterres strongly condemns Saturdays attack on the UN Interim Force in Lebanon, which resulted in the death of a French peacekeeper and injuries to three others.

S&P 500 Price Forecast – Stock Markets Continue to Move on Hope

Cory Russell

Oct 25, 2022 15:57


Technical Analysis of the S&P 500

The S&P 500 originally declined during Monday's trading session before surging upward as a result of the many statements that are being made on whether or not the Federal Reserve would change its monetary policy. The market is now experiencing high levels of volatility, and the appearance of a 50-Day EMA in the chart signals that sellers may be on the way shortly. Remember that the 3800 level immediately above has been a little difficult to surpass, so I believe we are headed for some kind of reversal.


On the other hand, we may see a stronger decline if we reverse course and break below the candlestick's bottom for the trading session on Monday. We are at the absolute top of the entire trading range, but in the end, I believe you need to be extremely careful. It's feasible that we may go for the $4000 level if we do break above the 50-Day EMA. Naturally, this is a region that will generate a lot of news coverage, but it's important to remember that the 200-Day EMA is moving into the same region.


We are still in a highly unstable trading market, therefore I'm now watching for indicators of tiredness that I might profit from. Additionally, the market must closely monitor her results since it is earnings season right now, which naturally brings with it its own volatility.