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On December 21, Russian Presidential Aide Ushakov told the media that the proposal to hold trilateral talks between Russia, the United States, and Ukraine has not yet been put on the agenda or discussed. He also pointed out that the modifications proposed by Ukraine and Europe to the Russia-Ukraine "peace plan" are not conducive to advancing the agreement. Ushakov confirmed that Russias Special Representative for Foreign Investment and Economic Cooperation, Dmitriev, is currently in Miami holding talks with the US. He revealed that Dmitriev will report on the results of the talks with the US after returning to Moscow. On the same day, Russian Presidential Press Secretary Peskov told the media that President Putin has no plans to speak with US President Trump before the end of the year, but arranging a call would be easy.On December 21st, according to Japanese sources, during a debate program, Itsunori Onodera, chairman of the Liberal Democratic Partys (LDP) Security Research Council, proposed that it is necessary to discuss the definition of the "Three Non-Nuclear Principles." He discussed Japans current reliance on the US "nuclear umbrella," stating, "This is one of the issues that should be discussed." Onodera said the LDP plans to submit a related motion to the Cabinet in February next year to promote discussion in the Diet. The "Three Non-Nuclear Principles" refer to not possessing, manufacturing, or introducing nuclear weapons. Recently, several political parties, politicians, and numerous civic organizations in Japan have called for adherence to the "Three Non-Nuclear Principles" to avoid a repeat of the tragedy of war.Kremlin: The idea of a trilateral meeting between Russia, the United States, and Ukraine has not yet been discussed.On December 21, the Communist Party of Cuba issued a statement on its official website on the 20th, condemning the US governments escalation of aggression against Venezuela in the strongest terms and accusing the US of its recent actions in Venezuela of being a deliberately planned and dangerous act.SpaceX: Public safety is always our top priority during flight tests. We will continue to ensure that public safety is maximized.

S&P 500 Price Forecast – Stock Markets Have a Quiet Wednesday

Steven Zhao

Dec 08, 2022 15:57

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Technical Analysis of the S&P 500

During Wednesday's trading session, the S&P 500 slightly declined and tested the 50-Day EMA. The market is currently in a state where we will oscillate within this broad range while paying close attention to both the 50-Day EMA and the 200-Day MA. We also need to consider the fact that many people will be watching the Federal Reserve meeting that will take place the following week. Due to this, there may be a lot of erratic activity over the ensuing few days; therefore, if we were to drop below the 50-Day EMA, it's likely that prices may move as low as the 3800 mark.


The 200-Day EMA and perhaps that downtrend line would be your short-term targets if we were to reverse direction and move to the upside, respectively. The S&P 500 E-mini could soar to the 4200 level if we can break above the downtrend line, but in the end, I believe that would require a lot of work. Due to this, you should proceed with extreme caution in this situation and be aware that, until the FOMC meeting the following week, we will likely only be kicking pebbles at each other.


The fact that liquidity is poised to decline dramatically will make things even more fascinating. Ultimately, you should proceed with prudence in this case, especially given the number of moving parts that are currently present in the world. As a result, I believe that using caution is preferable to using bravery.

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