SnP 500 Reached All time highs on friday and broke Key Monthly Resistance Area @ 4815.
and Closed Above indicating a stronger Push to the upside.
Possible Long Areas will be at 4791 at the D1 Support and H4 Trendline After getting signs of reversals at this level we should continue to push up We are currently in Earning Season.
Rates cuts are still Anticipated by the Market,Yet though the data is comes out Positive We are still expecting the Fed to cuts the rates by 0,75% this Year with the 1st cut expected on March Meeting
We Should see a continuation of this Strong Uptrend
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and Closed Above indicating a stronger Push to the upside.
Possible Long Areas will be at 4791 at the D1 Support and H4 Trendline After getting signs of reversals at this level we should continue to push up We are currently in Earning Season.
Rates cuts are still Anticipated by the Market,Yet though the data is comes out Positive We are still expecting the Fed to cuts the rates by 0,75% this Year with the 1st cut expected on March Meeting
We Should see a continuation of this Strong Uptrend
For More Content
Support the idea
Follow the Channel For More
Thank You For Your Support