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Since the beginning of the year, the Mexican central bank has significantly cut interest rates by 300 basis points, helping to boost investor confidence in Mexican assets by reducing trade-related uncertainty. Simultaneously, rising commodity prices have also boosted the stock market, particularly for mining and materials companies. 9. Italys FTSE MIB Index: Annual increase of 31.47%, its best annual performance since 1998, and the second-largest performing index in the European market; primarily driven by growth in the financial, telecommunications, and oil and gas sectors. 10. Hang Seng Index: Annual increase of 27.77%, with Hong Kongs IPO scale returning to the top ranks globally in 2025 (such as CATL and Zijin Mining listing in Hong Kong), greatly boosting market confidence. Tencents share buybacks exceeding HK$70 billion this year have acted as a stabilizing force for the index. 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Resources and mining were one of the main driving forces, especially performing well against the backdrop of commodity price recovery. Banking and defense sectors also contributed significantly to the years rotation. 15. Nasdaq Composite Index: Annual gain of 20.36%. With the explosive growth of AI agents and enterprise-level AI applications, Nvidia, leveraging the dominance of its Blackwell architecture chips, maintained its position as the worlds largest market capitalization, becoming the indexs "stabilizing force." 16. Euro Stoxx 50 Index: Annual gain of 18.39%, while the Stoxx 600 Index rose by approximately 17%. The defense index repeatedly hit new highs, achieving its largest annual gain since 1996, driven by European countries commitment to increase defense spending.

S&P 500 Attempts to Stabilize

Skylar Shaw

Jun 21, 2022 14:25

Technical Analysis of the S&P 500

The S&P 500 originally fell during Monday's trading session, but subsequently rallied to reclaim the 3700 level in the futures market. The market may be slightly oversold at this moment, but I believe any rise at this point will be viewed as a shorting opportunity at the first signs of weariness. Rallies are still being viewed with distrust by the market, as they should be. The Federal Reserve will do everything it can to tighten monetary policy, and as a result, prices are expected to fall much more.


The 50-day exponential moving average (EMA) is slightly below 4100 and is declining from there. At this time, it appears that it will swiftly approach the 4000 level, which is the enormous, round, psychologically significant number that many traders are watching. However, given the Federal Reserve's current monetary policy tightening, we're going to see a lot more downward pressure.


Furthermore, profit projections must be written down, something the majority of companies have yet to accomplish.


Finally, we are a little oversold, but that oversold position should provide a wonderful selling opportunity above, so I believe symptoms of fatigue are what you should look for following short-term gains. It's also worth paying close attention to the US dollar, as it will have a significant impact on where we go next, and so I believe the US Dollar Index is probably worth paying close attention to.


Finally, I feel that volatility will continue to be a factor that you should be aware of.