SPX LT View May 2018
已更新
Following the path
注释
There is an OPEC meeting this week. There is a probability that a decision could be taken to drive oil prices higher which should support SPX. Retest if the highs possible then注释
Transports iffy...注释
Retesting the highs will squeeze the vast majority of people..markets tend to do that regularly. Lets see注释
2 gaps above 2800s, FED meeting/ECB meeting. Crunch time into June 20..注释
Crunch time coming next few sessions. The most pain for all is closing the gaps and reversing next few sessions..注释
Still marginal higher high possible but not necessary... Quarter end next week and then 4 JUly注释
Month/quarter end this week. From next week, QT rises to 40bn per month and combined FED+ECB will be negative liquidity for the first time. Also 2H we should be traversing into US growth slowdown. In other words all parts are should be in place for a 2nd leg down注释
1Q2018 GDP confirmed at 2.8% YOY. So this week we are completing 2Q and will be interesting to see whether US can muster 8 consecutive Q of whatever marginal acceleration in GDP to make it a record streak that has never happened before. MAGA awaits
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。