The S&P 500 has been very noisy during the month of January, and as we head into February there are a lot of questions being asked. February2023 FOREX STOCKS TRADING
This is typically where you start to see people lose money.
Furthermore, we are in the midst of earnings season, which always cause quite a bit of noise in the market.and announcement the people are going to be paying close attention to. . Wall Street is still convinced of the Federal Reserve is going to save them by keeping monetary policy loses. I suspect that a lot of what happens in the first 10 days of February will come down to whether or not Jerome Powell succeeds in getting his message across. We all know that he has a long history of not doing so, so that does leave a lot up in the air right now.
I suspect that we are going to get neither, so I do remain bearish heading into February. However, once we break above that 4100 area, you have to assume that we are in the midst of some type of break out.
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