SPX
📉 The sudden reversal on tariffs, prompted by rising bond yields and fears of a financial crisis, highlights the market’s sensitivity to policy shifts and potential instability.
🤔 While the market saw a short-term relief rally, analysts remain cautious, viewing the 90-day tariff pause as a temporary fix with uncertainty looming afterward.
📊 Technical analysis suggests the S&P 500 might find support around 5,500, but significant volatility is expected, with potential downside risk towards 4,500 depending on future policy actions and market sentiment.
@bernardodegarcia:
“So, will this be the moment to buy? I believe, if you ask me, we don’t know what will happen tomorrow, alright? But if you ask me, I think the markets will stay in an approximate zone, let’s put up the SPX because it’s an index we can all follow, alright? I think the markets will stay approximately around 5,500, although that doesn’t rule out coming down to 4,500, alright? Uh, I don’t know if we’ve published it yet, but we will publish the three types of bear markets, that is, the three types of bear markets there are, which one we are in right now, and historically what has happened, how much of a drop we can expect, how much time we can expect for recovery. But at least for now, I would be surprised to see us at 4,500, okay? I think 5,500 is a point where the market will feel more comfortable, but we’re not going to stay at 5,500; we’re not going to stay flat until it’s resolved. We’re going to be dancing around. But honestly, the movement we saw, uh, today, Thursday, catches my attention. Probably tomorrow, the markets, God knows, depending on what Trump says, alright? But if he doesn’t say anything, if he’s quiet at home reading a book or whatever, I think the markets can recover little by little up to the 20-day line. And, uh, well, we’ll see what happens. As you’re seeing, the 20-day line in these cases, we’re talking technicals now, the 20-day line marks these dead cat bounces quite well, where they usually reach. Okay? We’re still somewhat far. I think, at least for now, the markets stay here. We’ll see the next time the 20-day line approaches, we’ll see where it goes. We can see the 20-day line in these other drops. Here we start to see from 4,800, it falls, 20-day line stays there, tick tick, falls, 20-day line stays there, falls, rises. This was quite an interesting rise. 20-day line falls, line almost near 20 falls, 20-day line surpasses it but falls, 20-day line falls, 20-day line falls, and well, there we almost reached the end. Notice how well this 20-day line coincides.”
Watch the exact part of the video where @bernardodegarcia talks about S&P 500 Index here:
Watch the video on YouTube
Read more articles analyzing the S&P 500 Index (SPX) at the provided link. SPX stock.
