The SNP500 (SPX500) is extremely bearish. As the US election day grows near we can see indices dropping without any hesitation.
The SNP500 (SPX500) is extremely bearish. As the US election day grows near we can see indices dropping without any hesitation.
JPY is strengthening. When the JPY goes up, Equities drop and that has been the historical correlation. At this point, we can see 2 POC zones where we can expect a new drop 3350-60 zone and if pullback happens 3440-3455. Bearish continuation aims for 3240. Look for continuation if the market drops below 3339.
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