Tuesday, 13 December 2022

S&P 500 Technical Analysis: SPX Slammed, Breakout Snaps Back

The S&P 500 broke out to a fresh three month high after CPI was released this morning. Sellers snapped that move back very quickly, and the focus now shifts to tomorrow’s FOMC.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...