Everything the Traderforum community is saying about $SPX. Real ideas, analysis and live bull/bear sentiment — free and open.
Watching $SPX closely this week. We've seen a solid rebound, but 5200 is proving to be a tough resistance. A clear break above 5220 could open the door to 5280, otherwise, we might retest 5150. Inflation data will be key.
With $SPX pushing 5200, feeling overextended on some metrics. Tech earnings coming up, inflation still a wildcard. What's your take on the next significant move?
Been watching the Fed's balance sheet closely. They're still running off at a clip of $95B/month, which is a significant drain on banking reserves. With the TGA also being refilled, I'm concerned the market isn't fully pricing in the liquidity crunch this could create in Q4, especially if economic data starts to wobble. Could this be the catalyst for a deeper equity correction? $SPX $NDX