S&P 500 Forecast: Pulls Back from Crucial 3900 Level Stocks
S&P 500 Forecast: Pulls Back from Crucial 3900 LevelSubscribeWe commit to never sharing or selling your personal information
It’s difficult to imagine a situation where inflation is suddenly defeated, if for no other reason than the wage inflation is going to continue to be an issue.Having formed a bearish engulfing candlestick during the day, it does suggest that we could pull back to the 50-Day EMA, and quite frankly I think it does make a certain amount of sense. I also believe that we could break through there, since the market is going to continue to see a lot of negative influence.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD Majors, Gold, S&P 500, FOMC & NFP- Weekly Technical OutlookTechnical setups we’re tracking into the weekly open. Key levels for the US Dollar Majors, Gold, S&P 500, Crude Oil and more! Major Event Risk: FOMC interest rate decision & NFPs on tap into November open.
Read more »
S&P 500 Loses Steam After Robust Friday Rally – FOMC in FocusS&P 500 fails to hold Friday gains above 3900, 3860 support eyed. FOMC decision on Wednesday looms with 75 basis points expected. US nonfarm payroll data on Friday ends a week full of event risk.
Read more »
Hate Speech on Twitter Jumps 500% in First 12 Hours of Elon Musk Takeover: ReportNew data shows a drastic rise in hate speech on Twitter, just hours after it was officially acquired by billionaire and Tesla CEO Elon Musk.
Read more »
Austin Studio Tour kicks off this weekend featuring more than 500 artistsThe free event is a celebration of Austin artists that takes place over three consecutive weekends.
Read more »
500 drones to swarm NYC's skyline Thursday in new advertising ployPromising a “surreal takeover of New York City’s skyline” on Thursday night, a fleet of at least 500 drones will pulse with LED lights as it serves miles of Lower Manhattan with a choreographed aerial advertisement for the mobile video game, Candy Crush.
Read more »