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On March 15, in response to the illegal activities involving market supervision, such as "bleached chicken feet" and "height-increasing marketing tactics" exposed by CCTVs "3.15" Gala, the State Administration for Market Regulation quickly activated its emergency response mechanism and deployed enforcement actions. The results of the investigations will be released to the public in a timely manner.U.S. Interior Secretary Bergham: At an energy security forum in Tokyo, Asia-Pacific allies agreed to $56 billion in deals with U.S. companies. Japan wants to buy more oil from the U.S.On March 15th, according to the Chongqing Municipal Administration for Market Regulation, a Chongqing company was exposed by CCTVs "3.15" Gala for illegally using hydrogen peroxide in the production and processing of chicken feet. After the State Administration for Market Regulations working group transferred the case to the Chongqing Municipal Administration for Market Regulation, enforcement personnel from the municipal and district-level market regulation bureaus have been stationed at the company to conduct a thorough investigation. Currently, an investigation has been launched into the companys suspected illegal activities, the products involved have been seized, and the company has been urged to voluntarily recall the affected products. The Chongqing Municipal Administration for Market Regulation will work with relevant departments to investigate and punish the companys illegal activities according to law, and will also draw lessons from this case to carry out comprehensive governance of prominent food safety issues throughout the city, focusing on rectifying problems such as the use of food additives beyond the permitted scope and limits, further strengthening enterprises primary responsibility for food safety, standardizing the production and operation behavior of employees, and effectively safeguarding the publics "safety on the tip of their tongues."March 15th - At 21:22 Beijing time on March 15, 2026, my country successfully launched the Yaogan-50 02 satellite into its predetermined orbit using a Long March-6A carrier rocket from the Taiyuan Satellite Launch Center. The launch mission was a complete success. This satellite will primarily be used for national land surveys, crop yield estimation, and disaster prevention and mitigation. This mission marked the 633rd flight of the Long March series of carrier rockets.Local authorities say the fire at an oil facility in Russia’s Krasnodar Krai has been extinguished.

S&P 500 Price Forecast – Stock Markets Quiet Ahead of FOMC Meeting Minutes

Skylar Shaw

Nov 24, 2022 16:36


Technical Analysis of the S&P 500

Prior to the FOMC Meeting Minutes being released late on Wednesday and the Thanksgiving break on Thursday, the S&P 500 E-mini contract has been rather quiet. The underlying index will be closed, but there will be some electronic trading on the futures markets, but it will be considerably limited. It is tough to conceive that this market will genuinely take off unless the FOMC Meeting Minutes contain something unusually dovish and it sits just over the 200-Day EMA. Even if it does, resistance can also appear in the form of the downtrend line just above it.


The 3900 level, which was formerly resistance, is now serving as support beneath. The 50-Day EMA could be cut if we break down below that level, which would be a highly unfavorable development. Despite the trendline above, there is a case to be made for a slight rally because at this time of year, money managers frequently enter the market and begin purchasing securities to boost prices because they must disclose to their clients what they own and whether or not they made any gains for the year.


Having said that, there is a small amount of herd mentality surrounding the "Santa Claus rally." It doesn't necessarily mean that it will stick and it doesn't necessarily imply that it must occur, but history tends to support that kind of action. However, I do believe that ultimately we will fall due of the excessive number of economic obstacles.

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