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S&P 500
5,455.05
(
1.03%
)
US TECH 100
18,416.40
(
0.47%
)
Dow Jones
40,581.06
(
1.62%
)
Brent Oil
80.07
(
-1.80%
)
Bitcoin
67,553.53
(
2.68%
)
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gfp927z

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gfp927z

Re: None

Wednesday, 11/16/2022 7:18:19 PM

Wednesday, November 16, 2022 7:18:19 PM

Post# of 256
For the S+P 500, the 200 MA is the obvious near term target.
Seeing the sideways consolidation this week might suggest a more paced and durable move, so will see what happens. Still lots of unknowns, geopolitical landmines, etc, but at least it appears that the Fed's rate hikes will now be smaller. No more 3/4 point rises, and this jives with what is coming out of the Fed's unofficial media mouthpiece, Nick Timiraos -


https://www.wsj.com/news/author/nick-timiraos


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