#MarketNews #S&P500 #CFD
IN JULY, FOR THE SIXTH MONTH IN A ROW, S&P 500 CONTINUED GROWING.
Conclusions naturally emerge that the market is overheated and investors should be wary of a correction. What factors could prevent the index from rising in August? Let's single out two of them: the FRS and delta-strain of Coronavirus.
1) On August 27, the Fed will issue a Statement of Long-Term Objectives and Monetary Policy Strategy. Signals of cessation of the current policy of stimulating the economy during the pandemic can cause a serious correction in the stock market.
2) The number of people who have caught the delta strain in Florida exceeds the peaks of winter 2020-2021. It is possible that over time, the situation will spread to other states. In an interview with CNBC, Scott Minerd of the Guggenheim investment company opined that chances are high that a new wave of lockdowns will occur, and now is the time to take profits before a possible decline in stock indices.
In the meantime, the chart does not show any alarming signs. On the first day of August, the index grew amid companies reporting strong numbers for Q2 2021. This week, 143 companies from the S&P 500 list will present their earnings. Their successes can push the index to a new historical peak, but one should not lose their head because of the two reasons described above.
To trade CFDs on US stock indices, consider enlisting the services of a trusted broker like FXOpen.
⚠️
This forecast represents FXOpen Markets Limited opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Markets Limited products and services or as financial advice.
IN JULY, FOR THE SIXTH MONTH IN A ROW, S&P 500 CONTINUED GROWING.
Conclusions naturally emerge that the market is overheated and investors should be wary of a correction. What factors could prevent the index from rising in August? Let's single out two of them: the FRS and delta-strain of Coronavirus.
1) On August 27, the Fed will issue a Statement of Long-Term Objectives and Monetary Policy Strategy. Signals of cessation of the current policy of stimulating the economy during the pandemic can cause a serious correction in the stock market.
2) The number of people who have caught the delta strain in Florida exceeds the peaks of winter 2020-2021. It is possible that over time, the situation will spread to other states. In an interview with CNBC, Scott Minerd of the Guggenheim investment company opined that chances are high that a new wave of lockdowns will occur, and now is the time to take profits before a possible decline in stock indices.
In the meantime, the chart does not show any alarming signs. On the first day of August, the index grew amid companies reporting strong numbers for Q2 2021. This week, 143 companies from the S&P 500 list will present their earnings. Their successes can push the index to a new historical peak, but one should not lose their head because of the two reasons described above.
To trade CFDs on US stock indices, consider enlisting the services of a trusted broker like FXOpen.
⚠️
This forecast represents FXOpen Markets Limited opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Markets Limited products and services or as financial advice.
#ForexTrading #tradingstrategy #technicalanalysis #riskmanagement #CFD
What is a Divergence in Trading? 3 Trading Strategies Explained
Divergence trading is a cornerstone concept in the realm of technical analysis 📊. By comparing the direction of asset prices with the direction of momentum indicators, traders can notice subtle changes in market dynamics.
In this video, we'll dive into the concept of divergence in trading, explaining how it can help identify potential trend reversals or continuations. We'll cover the most popular indicators that form divergences with the price, offering a detailed breakdown of each type.
By the end, you'll understand how to spot divergences and incorporate them into your trading strategy! 📈
https://cutt.ly/1eUMaYBV
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
What is a Divergence in Trading? 3 Trading Strategies Explained
Divergence trading is a cornerstone concept in the realm of technical analysis 📊. By comparing the direction of asset prices with the direction of momentum indicators, traders can notice subtle changes in market dynamics.
In this video, we'll dive into the concept of divergence in trading, explaining how it can help identify potential trend reversals or continuations. We'll cover the most popular indicators that form divergences with the price, offering a detailed breakdown of each type.
By the end, you'll understand how to spot divergences and incorporate them into your trading strategy! 📈
https://cutt.ly/1eUMaYBV
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
YouTube
What is a Divergence in Trading? 3 Trading Strategies Explained #divergencetrading #tradingstrategy
Divergence trading is a cornerstone concept in the realm of technical analysis. By comparing the direction of asset prices with the direction of momentum indicators, traders can notice subtle changes in market dynamics.
In this video, we'll dive into the…
In this video, we'll dive into the…
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