SPX-JPM hedged equity roll...
After six days of declines, the bulls were finally able to take a breather on Wednesday, just as markets were poised to push to lower lows.
End-of-month OpEx September, JPM hedged equity roll looks set to...$JPMorgan Chase(JPM)$
- Let us retain as significant levels $S&P 500(.SPX)$ : 3600-3700 in support and 3800-900 in resistance. With 3700 as a key level...
Although the three US indices we focus on remained green, this could be more of a reversal in the direction the markets are taking in the short term. $NASDAQ(.IXIC)$ $DJIA(.DJI)$
With the short gamma backdrop, there is plenty of room to go both ways before hitting support and resistance areas.
The overall analyst consensus bias would remain bearish given the significant headwinds we face, although a temporary consolidation near lows is not unexpected...
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- CatherineGunter·2022-09-30TOPkeep in mind amateurs, this is always the best time of the year to buy stocks !! Don’t be fooled by the big players. History speaks for itself !! I’m putting all my money at work, then patience makes me $$$12Report
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