While the SP500 trading at all time high and Mainstream media and the American Government is just talking about how wonderful, bright and happy everything is i just want to share the technical chart of 2019 Federal Reserve Fed Cuts on the SP500 Chart which were done this year.
31.07.2019 2,25% SP500 dropped 8-9%
18.09.2019 2,00% SP500 dropped 5-6%
Economist and Media are expecting a 3rd Rate cut this year today.
And probably they will do it and announce that this will be the last rate cut they are doing.
So there is a big question mark how the market will react today, and past performance is no indication for future events.
here you can watch the Livestream today:
www.youtube.com/watch?v=FDU8BvHQ...
Trade Safe!
===========================
You can copy and follow my Trades on eToro
www.etoro.com/people/koboltrading
===========================
#FED #FEDCUTRATES #TECHNICALANALYSIS #SP500 #SPX500 #SPY $SP500 $SPX500 $SPY #SP500INDEX
31.07.2019 2,25% SP500 dropped 8-9%
18.09.2019 2,00% SP500 dropped 5-6%
Economist and Media are expecting a 3rd Rate cut this year today.
And probably they will do it and announce that this will be the last rate cut they are doing.
So there is a big question mark how the market will react today, and past performance is no indication for future events.
here you can watch the Livestream today:
www.youtube.com/watch?v=FDU8BvHQ...
Trade Safe!
===========================
You can copy and follow my Trades on eToro
www.etoro.com/people/koboltrading
===========================
#FED #FEDCUTRATES #TECHNICALANALYSIS #SP500 #SPX500 #SPY $SP500 $SPX500 $SPY #SP500INDEX