Ming Jong Tey
Independent Analyst
With the U.S. election and FOMC meeting around the corner, the S&P 500 is poised for potential volatility. Here’s what investors need to keep an eye on:
- Key 5,700 support level: This level is crucial for determining the market's next direction.
- Bearish signals: Rising supply levels and recent sell-offs hint at potential downside.
- Historical patterns: 2016 and 2020 market analogs may offer clues about upcoming moves.
- Bullish vs. bearish scenarios: Understanding potential outcomes can help investors strategize.
- Technical patterns: Bear flags, breakouts, and spring actions are all in play.
Watch the video below for a detailed analysis of the S&P 500 to find out how to strategize your investment portfolio and the swing trades.
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