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December 21 – According to sources, another oil tanker has been seized by the United States in waters near Venezuela as President Trump intensifies his oil blockade against the government of Venezuelan President Maduro. The seized tanker, the "Bella 1," is a Panamanian-flagged vessel under U.S. sanctions and was en route to Venezuela to load cargo. This interception follows the seizure of the "Century" supertanker early Saturday morning and the seizure of the "Skipper" tanker on December 10. The White House did not immediately respond to a request for comment.On December 21, local time, the Israel Defense Forces (IDF) issued a statement saying that during operations in northern Gaza that day, several suspicious individuals were spotted gathering near the Yellow Line, the ceasefire line. IDF fired warning shots, but three armed men crossed the Yellow Line and approached IDF forces, posing a "direct threat." IDF airstrikes subsequently killed them. The statement also noted that in two other separate incidents in northern Gaza, IDF forces also discovered two armed men crossing the Yellow Line and approaching soldiers. IDF airstrikes subsequently killed them.On December 21, the French presidential palace stated that it would determine the "best way" for French President Macron to hold dialogue with Russian President Putin "in the coming days." The French presidential palace welcomed Russias statement that Putin was willing to engage in dialogue with Macron, and that France believed the aim of such dialogue was to achieve a "stable and lasting peace," and that the content would be "transparent" to Ukraine and Europe.December 21 - According to a report released by the Indonesian Meteorology, Climatology and Geophysics Agency, a 5.6-magnitude earthquake struck off the coast of North Maluku province, Indonesia, at 19:21 local time on December 21. The epicenter was located at 1.47 degrees north latitude and 126.34 degrees east longitude, with a focal depth of 27 kilometers.December 21 - On December 21, MiniMax, a general artificial intelligence company, published its post-hearing information set prospectus for the first time.

S&P 500 Price Forecast – S&P 500 E-mini Contract Sits on 50-Day EMA

Alice Wang

Dec 13, 2022 17:28


Technical Analysis of the S&P 500

Since a few days ago, the S&P 500 E-mini contract has been trading on the 50-Day, and Monday was no exception. We are currently squeezed between the 200-Day EMA above and the 50-Day EMA below. You can see from this chart that the 50-Day EMA might enter the picture and provide some support, but we still need to get through a few big announcements in the coming days.


The Consumer Price Index, which will be released on Tuesday, will be the first one. Inflation is monitored closely by the central bankers in the United States, making it a highly significant indicator. Following that, we have the Federal Reserve meeting on Wednesday, which will undoubtedly have an impact of its own. The ECB must now be taken into consideration, even if it will have less of an impact than the Fed at this stage.


We must now begin to worry about liquidity at this stage. Fund managers may use some window dressing at the end of the year to attempt to convince all of their customers that they possess the proper assets, but there will also be buyback blackouts, which will prevent businesses from repurchasing their own stock. In that case, a significant stock buyer may have just left.


Because of this, I believe that the possibility of a move lower than higher is greater than it is for a move higher. However, as of right now, I don't believe that there will be a significant move between now and New Year's Day.

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