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Posted by on in Equity Index Chart Updates

S&P 500 bearish risks intact, despite post-Fed rebound

·         Despite a strong bounce effort late Wednesday, the prod below the 1918.25 spike low has reinforced negative pressures from the setback from ahead of 1979.25.

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Posted by on in Miscellaneous

 

Today (Wednesday 16th April 2014) the spotlight turns to the release of the Federal Reserve’s Beige Book survey, that should highlight the health of the recovery and regional economic conditions. This will likely have consequences for the US Dollar, US Treasuries and the S&P 500.

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