koboltrading

#SPY #SPX500 will the FED cut rates today? 30.10.2019

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OANDA:SPX500USD   S&P 500指数
While the SP500 trading at all time high and Mainstream media and the American Government is just talking about how wonderful, bright and happy everything is i just want to share the technical chart of 2019 Federal Reserve Fed Cuts on the SP500 Chart which were done this year.

31.07.2019 2,25% SP500 dropped 8-9%
18.09.2019 2,00% SP500 dropped 5-6%

Economist and Media are expecting a 3rd Rate cut this year today.
And probably they will do it and announce that this will be the last rate cut they are doing.

So there is a big question mark how the market will react today, and past performance is no indication for future events.

here you can watch the Livestream today:
www.youtube.com/watch?v=FDU8BvHQ...

Trade Safe!



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