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S&P 500 Technical Analysis

S&P 500 Technical Analysis
The soft-landing narrative is dominating the sentiment in the markets and it’s a big tailwind for the S&P 500. The big miss in the US CPI report last week triggered strong moves across the board with some FOMO kicking in. The US labour market remains strong, and the consumer sentiment jumped to new highs as seen in the University of Michigan report last Friday. The Retail Sales missed on the headline number but the Control Group, which is a more precise method of gauging consumer spending, beat... Read More
Posted: Jul 20 2023, 07:50
Author Name: forexlive
Views: 102770

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