DanilBlinkov

SPX500| The stock market began to buy back? (No)

Short
FOREXCOM:SPX500   Indice S&P 500
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Previously noted a range of $3600-$3550 and we clearly got a rebound from 3610 and the stock market revived again.

So far, we see positive in the markets, both in cryptocurrencies and in the stock, well, I think this is not for long, if you look ahead, I have said this more than once, then the Fed’s policy for speculative assets does not quite fit the growth, the key rate will rise to 4.5% by the end of this year!

Unconditionally, we will see local bounces and watch the growth, well, for now, my expectations are the $3500 zone next month! This is where we saw the 2020 SPX500 bullrun in November.

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