S&P 500 continues its downward trend

٣٠ سبتمبر ٢٠٢٢

The S&P 500 has been in a downward trend since the beginning of 2022

This week we broke the resistance from June. Which is a clear signal of bearish dominance in the equity market

We cannot expect any sudden changes in the FED policy in the coming months
Market consensus is that the peak of interest rate hikes will fall in March at 4.5%.

٧ أكتوبر ٢٠٢٢

أغلقت الصفقة: تم الوصول لوقف الخسارة

Trade was closed on stop loss, but the target I marked is still active.