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🔴 $SPX500 -1.5% — live discussion
$SPX500 is moving hard: -1.52% on the day, now at 7,316.15.
Day range: 7,313.92 – 7,450.84.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
$SPX500 is moving hard: -1.52% on the day, now at 7,316.15.
Day range: 7,313.92 – 7,450.84.
What's driving it? Are you positioned? Drop your read below. 👇
This drop is pretty significant. I'm wondering if this is mostly about the upcoming CPI data or if there's something else brewing in the background I'm not seeing?
This dip feels like a reaction to the latest inflation numbers coming out of Europe, which were higher than expected. I'm mostly in cash right now, watching to see if we get a bounce off this level or if there's more downside to come.