FED’S ‘HAWKISH’ PAUSE

The Fed’s pause indicates a cautious approach to monetary policy amid economic growth and inflation concerns, keeping investors watchful for any further developments in the coming months.

MARKET TECHNICALS: 200-DMA SIGNIFICANCE

Keep your eye on the 4,080 level for the S&P 500. If it can hold at or above that level, there could be another buying opportunity. Else simply give up buying stocks till the fundamental indicators signal equities are nearing the end of their downturn.

BEAR TERRITORY AHEAD

The economy may face challenges, with expectations of inflation running above trend for several years. Easy money policies have given way to an involuntary tax through inflation, affecting consumers. For the moment it appears safe to assume that the stock markets have topped out.

S&P 500 TESTS KEY TECHNICAL SUPPORT

The S&P 500 has dipped below the critical 200-Day Moving Average (DMA) and is approaching significant technical support at 4180. Recent inflation data suggests the possibility of further Federal Reserve rate hikes. Additionally, the influence of major tech companies in the S&P 500 poses a substantial threat impacting the S&P 500 to potentially fall by as much as 10% to 3900 thereabouts.

MARKET FOCUS THIS WEEK

Overall, the market participants are closely watching key important levels for the S&P 500, rising treasury yields, the Israel-Hamas, gold, crypto and oil prices. The trend is clear for S&P 500, the Nasdaq and the Dow, it’s down. However an impending rout is not visible in commodities yet.

MARKETS THIS WEEK

Impact of rising interest rates and technical breaches in key indices shows the market remains cautious, balancing concerns over economic growth and monetary policies. The Israel-Hamas conflict has elevated gold, crypto and oil prices. However a clear trend is not visible in either of the three yet.

S&P 500 FACES DILEMMA

It’s essential to note that the S&P 500 is still facing multiple challenges, including geopolitical tensions and economic uncertainties. Therefore, even if high yields decrease, it’s not guaranteed that the S&P 500 will sustain a substantial rebound.

DOLLAR FIRM

All exits point to the dollar. Therefore, the Dollar Index will stay firm in the near term. However, global economic uncertainty could weigh on the dollar. Stay informed with UpTrendPicks.com for real-time market analysis. Enhance your investment decisions. Subscribe now!

INFLATION NUMBERS DOMINATE MINDSPACE?

Inflation overgang causes markets to trade weak.US CPI and China CPI much awaited.Stay informed with UpTrendPicks.com for real-time market analysis. Enhance your investment decisions.Subscribe now!