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ShrewdCatfx

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

Short
Futures E-mini S&P 500 (CME_MINI_DL:ES1!)  
ShrewdCatfx  
CME_MINI_DL:ES1!   Futures E-mini S&P 500
Trend Analysis Support and Resistance Fundamental Analysis S&P 500 (SPX500) spx500short SPX (S&P 500 Index) usindex Indices priceaction retailsales Stocks momentumstrategy
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trendanalysis supportandresistance fundamental spx500 spx500short spx usindex indices priceaction retailsales stocks momentumstrategy
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
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