EUR/USD 1.16590
0.729%
Gold 4464.51
3.007%
Oil 84.260
-0.057%
USD/JPY 158.401
-0.757%
GBP/USD 1.36186
0.645%
GBP/JPY 215.725
-0.108%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 19, Houthi military spokesman Sari stated that the group has adopted three "strategies": responding to a blockade with a blockade, striking Saudi military strongholds (regardless of their location), and defending Yemeni sovereignty. Since announcing a ban on Saudi maritime navigation on July 20, the Houthis have attacked eight Saudi oil tankers—five in the Red Sea and three in the Gulf of Aden and the Arabian Sea. He claimed the group has also blocked the passage of 48 Saudi oil tankers and forced them to turn back, including 34 in the Arabian Sea and the Indian Ocean and 14 in the Red Sea. The Houthis have carried out nine military operations targeting Yanbu, Najran, Jizan, Abha, and oil supply facilities in Saudi Arabias Eastern Province, and 14 operations against what they claim are Saudi military strongholds in Ruwek, Abul, Wadiyah, Marib, and Muhah. He warned Saudi Arabia against further escalation, stating, "Any full-scale escalation will lead to a full-scale escalation." Sari stated that Saudi Arabias only option is to lift the blockade, end the aggression, withdraw foreign troops, and return Yemeni resources to the Yemeni people.August 19th - According to the National Meteorological Center, a tropical disturbance in the northern South China Sea developed into a tropical depression on the afternoon of the 19th. Affected by this disturbance and the southwest monsoon, parts of Hainan Island, southern Guangxi, Guangdong, Fujian, Taiwan Island, and Zhejiang will experience heavy rain or torrential rain over the next three days. The National Meteorological Center issued a blue rainstorm warning at 18:00 on August 19th. Following comprehensive assessment and emergency consultation, the China Meteorological Administration activated a Level IV emergency response for major meteorological disasters (rainstorms) at 20:00 on August 19th.According to reports, Iranian Parliament Speaker Qalibaf met with Iraqi Prime Minister Ali Zaidi in Baghdad, Iraq.Bank of America Global Research: Raises target price for Adobe (ADBE.O) from $190 to $220.According to Iranian media Fars News, Iranian Parliament Speaker Qalibaf stated that resistance is the only path to victory, and negotiations will be meaningless if we are not prepared for war.

The US Stock Market Continues to Pull Back

Skylar Shaw

Apr 02, 2022 11:25

微信截图_20220402091730.png

S&P 500 Technical Analysis

On Friday, the S&P 500 sought to climb in the futures markets but gave back gains, indicating weakness. As a result, the market currently threatens the 4500 level in the futures market, which has previously been a key sector. As a result, it'll be fascinating to watch whether we can pull back much farther, possibly to the 50 Day EMA.


The candlestick's magnitude isn't particularly impressive, but it appears like the 4500 goal I suggested before will be tested. If we break it down further, the 50 Day EMA, which is at the 4400 level, makes a lot of sense, followed by the 200 Day EMA, which is also at that level. 


The market is still highly loud, and I believe it will continue to be so in the future. After all, there are a slew of confusing signals at the present, not least in the bond market, where many traders anticipate we'll see as many as eight interest rate hikes, while others say it's impossible.


Find a reason to go higher, but this is due to the fact that it is unconcerned about the underlying economy. Keep in mind that stock markets are about liquidity more than anything economic. If it were the case, the latest straight-up-in-the-air photo would not have taken place. 


That said, savage rallies are common in bear markets, so, while hope springs eternal, I'll be betting on the downside through options rather than directly in the market.


Suggestion