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S&P500 Plunges-which online trading platform is best in malaysia

which online trading platform is best in malaysiaHXFXglobal reminds you:

Concerns In Tightening, S&P500 Plunges

which online trading platform is best in malaysia-HXFXglobal-Concerns In Tightening, S&P500 Plunges_Technical Analysis

FED Dec Meeting Minutes Continues With Hawk, Impacting Bullish Confidence In US Stock
Investors could consider marginal and short-term Short at around 4718, Take-Profit at 4665, Stop-Loss by 4740.
According to the FED December Interest Rate Decision Meeting Minutes, FED has doubled the current bonds purchase scope to $30 billion USD. All members in FED recognized under the great pressure from high inflation, would be suitable to initiate taper after the initial interest raise were implemented. Some members even believes the necessity of adopting even faster template. As specified by the Dotplot, there’s two-third of the board supports to raising interest by at least three time in year 2022, moreover, heightening at least three times on year 2023 and twice by year 2024. The continuing Hawkish output of FED has impacted the bullish confidence in US Stock, leaded S&P500 to encounter the great advancement in resistance.
In 4Hrs range, (5,10,20)MAs declining. Candlestick plummeted through 20MA. KD declining. MACD reveals expansion on histogram, yet having DIFF & DEA to fall after the consolidation. In short, the short-term outlook for S&P500 seems to be weakening with vacillations, since the Bollinger Median Band has constructed the technical resistance, therefore, would suggest Investors who holds long order(s) to cash-out all holdings while rebound occurred. Otherwise, would recommend consider High-Throw S&P for short-term Short for the best possible interest.
*Information above belongs to 3rd party media comments, can only be use for references and doesn’t represent our platform’s opinion. Investor should maintain sole-determination, self-evaluation required and be responsible for own action.

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