The Influence from Powell's Speech

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The Influence from Powell's Speech

Dimitrios_1963
2022-08-27

Powell pretty much says he will do what it takes to bring inflation down even if it hurts the economy.
US markets selling off hard now.

Powell clearly spells out he is concentrating on taming inflation,
IR higher for longer.
No ‘Pivot’ in sight for markets.
Bear Market rally now reversing.

SPX500 Chart update.
The 16th August resistance test of 4326 now clearly rejected.
Today's bearish red candle broke below my temporary lower low with conviction.
So now time to observe and NOT to predict where the market finds the next support level.

$S&P 500(.SPX)$ $SP Plus(SP)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$

# US Stocks Opportunities

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GarethTan
·2022-08-27
[Miser] [Miser]
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asr68
·2022-08-29
tks
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SiaoTaBo
·2022-08-27
ok
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LCWEE
·2022-08-27
👍
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Novice21
·2022-08-27
👍
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Phin
·2022-08-27
Y
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Cliffy
·2022-08-27
Noce
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lesing
·2022-08-27
Vg
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Ck38
·2022-08-27
Ok
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Appletizer
·2022-08-27
Yes
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Deonc
·2022-08-27
ok
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thjiuan
·2022-08-27
ok
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BYLI
·2022-08-27
Nice
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T33
·2022-08-27
ok
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mohjoejoejoe
·2022-08-27
ok
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Mindthink
·2022-08-27
Ok
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foo510
·2022-08-27
a
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Deonc
·2022-08-27
ok
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Porkfat
·2022-08-27
[Cool]
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SiaoTaBo
·2022-08-27
thanks
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US markets selling off hard now.Powell clearly spells out he is concentrating on taming inflation, IR higher for longer. No ‘Pivot’ in sight for markets. Bear Market rally now reversing.SPX500 Chart update. The 16th August resistance test of 4326 now clearly rejected. Today's bearish red candle broke below my temporary lower low with conviction. So now time to observe and NOT to predict where the market finds the next support level.<img src=\"https://community-static.tradeup.com/news/6153ab268ccf2df4a589e5550fc387e8\" tg-width=\"-1\" tg-height=\"-1\"><a href=\"https://laohu8.com/S/.SPX\">$S&amp;P 500(.SPX)$</a> &nbsp;<a href=\"https://laohu8.com/S/SP\">$SP Plus(SP)$</a> <a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a> &nbsp;<a href=\"https://laohu8.com/S/.IXIC\">$NASDAQ(.IXIC)$</a> </body></html>","htmlText":"<html><head></head><body>Powell pretty much says he will do what it takes to bring inflation down even if it hurts the economy. US markets selling off hard now.Powell clearly spells out he is concentrating on taming inflation, IR higher for longer. No ‘Pivot’ in sight for markets. Bear Market rally now reversing.SPX500 Chart update. The 16th August resistance test of 4326 now clearly rejected. Today's bearish red candle broke below my temporary lower low with conviction. So now time to observe and NOT to predict where the market finds the next support level.<img src=\"https://community-static.tradeup.com/news/6153ab268ccf2df4a589e5550fc387e8\" tg-width=\"-1\" tg-height=\"-1\"><a href=\"https://laohu8.com/S/.SPX\">$S&amp;P 500(.SPX)$</a> &nbsp;<a href=\"https://laohu8.com/S/SP\">$SP Plus(SP)$</a> <a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a> &nbsp;<a href=\"https://laohu8.com/S/.IXIC\">$NASDAQ(.IXIC)$</a> </body></html>","text":"Powell pretty much says he will do what it takes to bring inflation down even if it hurts the economy. US markets selling off hard now. Powell clearly spells out he is concentrating on taming inflation, IR higher for longer. No ‘Pivot’ in sight for markets. Bear Market rally now reversing. SPX500 Chart update. The 16th August resistance test of 4326 now clearly rejected. Today's bearish red candle broke below my temporary lower low with conviction. So now time to observe and NOT to predict where the market finds the next support level. $S&P 500(.SPX)$ $SP Plus(SP)$ $DJIA(.DJI)$ 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