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S&P Bearish after Retail Sales.. Israel/Iran conflict abroad? 🤨

The S&P futures is quite weak after strong USD retail sales data. This move opposes a rational reaction to data that came out better than forecasted by a good margin. The market is pulling back and continuing the bearish momentum from the previous week. This may have to do with the conflict between Israel and Iran, this retracement back down. Oil is pushing up and Gold is pushing up late in the NY session here on Monday April 15th.. Money is being shifted to those Risk-On assets rather than stock indices such as S&P
ShrewdCatfx
Fundamental AnalysisIndicesmomentumstrategypriceactionretailsalesSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortStocksSupport and ResistanceTrend Analysisusindex

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Fundamental AnalysisIndicesmomentumstrategypriceactionretailsalesSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortStocksSupport and ResistanceTrend Analysisusindex
ShrewdCatfx

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.