SPX500 Stock market seeks new support
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Friends here, it was expected that it would be 0.75 bp + J. Powell's speech
The stock market reacted instantly, downward movement and falling at the moment, 3.900 support is now a strong resistance, I think the next stop will be at $3.750-3.700
The rate hike will continue until the end of this year to 4.5%, so the Fed is afraid of inflation, which needs to be lowered.
Friends here, it was expected that it would be 0.75 bp + J. Powell's speech
The stock market reacted instantly, downward movement and falling at the moment, 3.900 support is now a strong resistance, I think the next stop will be at $3.750-3.700
The rate hike will continue until the end of this year to 4.5%, so the Fed is afraid of inflation, which needs to be lowered.
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