EUR/USD 1.15271
-0.041%
Gold 4091.78
0.358%
Oil 75.049
0.966%
USD/JPY 157.656
-0.055%
GBP/USD 1.34445
-0.053%
GBP/JPY 211.967
-0.097%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Peoples Bank of China announced today that it conducted a 5 billion yuan 7-day reverse repurchase operation, with a bid amount of 5 billion yuan and a winning bid amount of 5 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.Pakistani official: We have both public and private channels of communication to reach a US-Iran reconciliation.On August 5th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.1510%, and the lowest was 0.7360%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0220%, and the lowest was 0.9010%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0210%, and the lowest was 0.9030%.Federal Reserves Schmid: Leverage levels in technology investments are worth discussing.According to JLC Network Technologys calculations, as of the third working day on August 5th, the average price of benchmark crude oil was $82.34 per barrel, with a change rate of -7.90%. Domestic gasoline and diesel retail prices should be reduced by 350 yuan per ton. The adjustments are based on: 1. the structure of domestic crude oil imports and the settlement benchmark commodities; 2. the possibility of slight adjustments based on import structure and other factors during the pricing mechanisms operation, which JLC Network Technology will revise accordingly; 3. at 24:00 on July 31st, domestic gasoline and diesel retail prices were increased by 685 and 655 yuan per ton respectively. Based on the "ten working days" principle, the adjustment window for this round of prices is 24:00 on August 14th.

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