SPX500 at very crucial Zone!
Hey tradomaniacs,
SPX500 is testing a very strong resistance-zone which is crucial for the next moves.
We either get a market that prices in less rate-hikes by the FED as the inflation settles down while economy suffers (So market expects FED to support economy as inflation settles down),
or we get to see a market that prices in more rate-hikes due to higher CPIs than expected while the economy suffers (Stagflation).
What do you think will happen?
SPX500 is testing a very strong resistance-zone which is crucial for the next moves.
We either get a market that prices in less rate-hikes by the FED as the inflation settles down while economy suffers (So market expects FED to support economy as inflation settles down),
or we get to see a market that prices in more rate-hikes due to higher CPIs than expected while the economy suffers (Stagflation).
What do you think will happen?
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