S&P500 day trading course price action
On yesterday’s sell off on the S&P500 emini future we are looking at support at 1089.50 and an extreme low support of 1069.50.
On yesterday’s sell off on the S&P500 emini future we are looking at support at 1089.50 and an extreme low support of 1069.50.
S&P500 day trading course, US Retail Sales jumped more than expected, the third gain in four months. China increased reserve requirements for the second time in a month as loan growth continued to accelerate. After Fannie and Freddie announced that they will be buying delinquent loans, spreads between FN and FG MBS and the 10yr treasury bond are the tightest levels in 17 years.
if we look at this last stimulus bill and see its effect on equities I would definitely say, Yes… Remember the performance of the stock market is not based on the fundamentals of the economy. Presently, it is based on the stimulus from the invisible hand of the government.
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