AMEX:SPY   SPDR S&P 500 ETF TRUST
The American Index follows our scenario (we expected a local rebound from MA 50) and now we are moving towards MA200.

We see growth potential up to 406-410

We have a clear, pronounced decrease in highs and lows, and we see a rollback to half of the impulse after a local peak.

Much will depend on the Fed meeting on December 14, where the decision on the key rate will be made again (4.00% at the moment)

Investor expectations, in our opinion, will again form at 0.75%, so if increase by 0.50%, we, theoretically, can see positive on the markets

P.S. We do not consider the option of increasing by 1.00%, because inflation has already slowed down

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