Analyze S&P 500 Movement Before 20 September 2023
@nerdbull1669:
The value of U.S. Treasury Yield on Friday (15 September 2023) at 18:00 EDT is 4.33%. We should be expecting the latest number to come in today (18 September 2023). In this article I would like to see how S&P500 will move before 20 September 2023, I will be using a few relationship and technical indicator to look. CME Probabilities Though the CME probabilities are showing that 99% are leaning towards Fed keeping the current rate constant. If we consider similar scenarios in the past, Fed will have some other consideration to make the weightage, one of them I believe is how market is behaving to the uncertainty created by geo-political tensions. There are some currency risks, if you have been following the news, more and more countries are reducing their reserve currency in USD. BRIC cu