S&P 500 - Time to Go Short 📉🔥

Oct 11, 2023

Why am i speculating Against the Market at this moment:

Tomorrow's Inflation (CPI) is expected to soar, thanks to the recent Oil price surge. This is a red flag 🚩

Ongoing tensions in the Middle East are adding fuel to the fire, causing market jitters globally 🌍

While rate hikes may be on hold, there's no sign of rate cuts either. Not a good look 👀

Let's Talk Numbers 📊:

Resistance stands strong at 4420 🛑
First target is 4327 🎯
Second target is 4210 🎯
Honestly, I'm not too keen on trading much these days. The world's current state, filled with conflict and loss, is affecting my mood. 😔

Why is there so much hate in 2023? It's disheartening. 🙏

Sending out prayers for peace, wisdom, and a better tomorrow for humanity. 🕊️

One Love,

The FXPROFESSOR 💙

Oct 17, 2023

Comment

Short here.. for many good reasons (Chart first at resistance, Gaza situation, all the rest that you already know like inflation, US debt, Chinese real eatste etc etc)... smells really bad to me atm