EUR/USD 1.17552
0.405%
Gold 3333.37
-0.085%
Oil 66.789
-0.303%
USD/JPY 146.113
0.047%
GBP/USD 1.36397
0.278%
GBP/JPY 199.300
0.371%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Victory Securities (08540.HK) rose more than 30%.Germanys DAX30 index opened up 63.48 points, or 0.26%, to 24,104.19 points on July 8 (Tuesday); Britains FTSE 100 index opened up 3.49 points, or 0.04%, to 8,810.02 points on July 8 (Tuesday); Frances CAC40 index opened up 13.49 points, or 0.17%, to 7,736.96 points on July 8 (Tuesday); Europes STOXX 50 index opened up 11.81 points, or 0.22%, to 5,353.35 points on July 8 (Tuesday); Spains IBEX35 index opened up 45.30 points, or 0.32%, to 14,104.50 points on July 8 (Tuesday); Italys FTSE MIB index opened up 95.75 points, or 0.24%, to 40,010.00 points on July 8 (Tuesday).Frances trade account in May was -7.766 billion euros, compared with expectations of -8.25 billion euros and the previous value of -7.968 billion euros.Frances imports in May were 56.654 billion euros, with the previous value revised from 57.225 billion euros to 56.747 billion euros.According to the Tianyancha App on July 8, the patent for "assisted driving method and device" applied by Huawei Technologies Co., Ltd. was published on July 8. The abstract shows that the assisted driving method of this application includes: obtaining multimodal perception information, which is collected by multiple sensors installed on the vehicle; obtaining multiple sets of display information, which includes the target area to be displayed and the grid granularity. This application can not only improve the drivers panoramic perception ability of obstacles in a large range, but also improve the drivers refined perception ability of obstacles in a close range.

S&P 500 Price Forecast – Stock Markets Get Sold to Kick off the Week

Alice Wang

Aug 23, 2022 14:48

微信截图_20220817143811.png


The 200-Day EMA was breached by the S&P 500 during the trading session after a steep decline. At this point, the Jackson Hole Symposium this week is still causing a lot of fear in the market.

Technical Analysis of the S&P 500

As there is still a lot of pessimism, the S&P 500 has dropped significantly in the E-mini contract during the trading session on Monday. The central bankers' blather will ultimately draw a lot of attention to this week's Jackson Hole Symposium, and people will be curious about whether or not they will continue to be active in battling inflation. It does make some sense that equities would suffer as long as there is a central bank that is prepared to battle inflation, so a retreat this week is probably to be anticipated.


Along with the 50-Day EMA below, the 4113 level is a region where I anticipate seeing a lot of support. Clearing all of that would be a really unfortunate turn of events, and this market would undoubtedly fall below the 4000 level as a result. The stock market surge, in my opinion, may be almost done at this point, and the direction we go over the following few days' larger move will almost probably be determined by those events.


Sadly, much of this will depend on how the markets understand the statements made by central bankers, which implies that they "may get it wrong" once again. However, by the end of the week, we should see a lot of the momentum that traders have exhibited in one way or the other. On the upside, I believe there is still resistance in the area around the 4300 mark, which may have been the peak.

Suggestion