The fear index is flashing a warning signal for SPX500
The SPX500 is up close to 15% since its March low of around 3,800. However, the VIX, which is commonly referred to the fear index may be suggesting caution.
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The SPX500 is up close to 15% since its March low of around 3,800. However, the VIX, which is commonly referred to the fear index may be suggesting caution.
The index is under pressure after the Bank of England accelerated the pace of tightening on Thursday, in response to the latest hot inflation report
The PBoC lowered a key short term policy rate in order the help the country’s economic recovery, following a series of disappointing economic data, while the CHN50 finds some support
The SPX500 is trading more than 20% from its October low. It is generally considered that a 20% increase off a recent low suggests a bull market, whilst a 20% decline connotes a bear market. This definition may be considered loose, and filters need to be applied so that whipsaws do not continuously swing it between bull and bear market. E.g., typically, another 10% move in the opposite direction is…
The NAS100 is a growth index and is generally sensitive to interest rates. There are concerns that the Federal Reserve will keep borrowing costs higher for longer and this is currently impacting the index.
The tech-heavy index faces headwinds after yesterday’s US CPI inflation report and hawkish Fed remarks that support the recent more aggressive market expectations around the terminal rate
The SPX500 charted a higher trough and a higher peak on its weekly time frame. This is an uptrend. Its stochastic is in its upper quintile (green rectangle), suggesting bullish momentum. The longer time frame is meaningful; the index’s primary trend is positive.
The NAS100 daily candlesticks are trading in their bullish channel between the upper blue and red bands. Yesterday’s candle has a lower shadow, connoting buying off the lows.
The SPX500 daily is in its bullish area between the upper red and blue bands. The hourly chart on the right shows positive signals too. Its EMAs are in a favourable formation, and the stochastic is above 80. The longer the stochastic maintains this position, the greater the chances for further price appreciation. However, the key driver here will be the tone of the Fed decision tomorrow. Hawkishness may scupper…
How to trade the UK 100 index: Everything you need to know The FTSE 100 is a share index of the 100 companies with the highest market capitalisation listed on the London Stock Exchange. In practice, it's home to the most significant UK-regulated businesses; giants like AstraZeneca, Shell, HSBC and BP. The UK 100 is a derivative product based on the FTSE 100. If you want to trade on both…
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