• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ukrainian President Zelensky: Ukraine attacked two major logistics facilities in the Moscow and Tambov regions of Russia and also struck Russian oil facilities.July 18th - According to real-time data from Lighthouse Pro, as of 16:02 on July 18th, the total box office (including pre-sales) for the 2026 summer movie season (June 1st - August 31st) has exceeded 4 billion yuan! "Kung Fu Womens Soccer", "Letters to Grandma", "Toy Story 5", "Minions and Monsters", and "Four Crossings" are currently ranked in the top 5 at the box office.On July 18, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto in Shanghai. Airlangga Hartarto was in China to attend the World Artificial Intelligence Conference. Wang Yi emphasized that under the strategic guidance of the two heads of state, the building of a China-Indonesia community with a shared future has made positive progress in recent years. As representatives of the Global South and emerging economies, China and Indonesia share similar development goals, extensive common interests, and obvious complementary advantages. Both sides should strengthen the alignment of their development strategies, move in the same direction, actively interact, eliminate interference, maintain focus, and continuously deepen mutually beneficial cooperation in various fields, setting an example of solidarity, mutual assistance, and self-reliance in the Global South. China appreciates the Coordinating Ministers reiteration of welcoming Chinese enterprises to invest and cooperate in Indonesia and hopes that Indonesia will provide a fair and just business environment for this. China-Indonesia cooperation is not directed against any third party and should not be interfered with by any third party. Both sides should take the lead in upholding the multilateral trading system, jointly oppose "decoupling and supply chain disruptions," and safeguard the security and stability of global supply chains. China is willing to work closely with Indonesia in international and regional affairs to promote the building of a China-Indonesia community with a shared future with regional and global influence, contributing to the common development of both countries and humanity.The Iranian Revolutionary Guard launched a devastating missile and drone strike on fighter bunkers and large aircraft parking aprons at a U.S. military base in Azraq, Jordan.Following important instructions from General Secretary Xi Jinping and requirements from Premier Li Qiang, Zhang Guoqing, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, on behalf of the CPC Central Committee and the State Council, led officials from relevant departments to Pengshui County, Chongqing, on the evening of the 17th to guide the search and rescue and emergency response work at the site of the landslide disaster. Zhang Guoqing emphasized the need for all-out scientific search and rescue efforts, strict prevention of secondary disasters, and meticulous resettlement and basic living security for the affected people.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.