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orancapital

Scream for S&P 500: Danger Will Robinson

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S&P 500 Index (SP:SPX)  
orancapital Updated   
SP:SPX   S&P 500 Index
Wedge Fundamental Analysis S&P 500 (SPX500) es500 AI Stocks
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wedgepattern fundamental spx500 es500 ai stocks
Markets starting to realize overly optimistic rate cut bets are off the table. Now the AI optimisim is about to be tested too with NVDA earnings tomorrow. SPX is at a critical stage. I will not say it will fall but the risk for the downside are increasing as the massive bearish wedge formation is being tested. Careful fellow traders.
Trade closed: stop reached:
Nvidia saves the day :)
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