EUR/USD 1.14404
-0.019%
Gold 4015.33
0.979%
Oil 81.356
3.134%
USD/JPY 162.380
0.010%
GBP/USD 1.34578
-0.153%
GBP/JPY 218.532
-0.116%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: The Iraqi Ministry of Oil has signed two supplementary agreements with Chevron (CVX.N) to develop oil fields and energy infrastructure.July 18 - The Sichuan Provincial Meteorological Observatory issued a yellow alert for high temperatures at 15:30 on July 18: It is expected that from July 19 to 23, the daily maximum temperature in most parts of the Sichuan Basin will reach 35-39℃, and the daily maximum temperature in some parts of Mianyang, Deyang, Chengdu, Meishan and Leshan, southern Guangyuan, Nanchong, Suining, Ziyang, Neijiang and Zigong may reach 40℃ or above.July 18th - Tencent officially launched its self-developed efficiency agent, WorkBuddy, as a standalone app on July 18th, with simultaneous releases on iOS, Android, and HarmonyOS. As the first general-purpose agent application to be integrated into the HarmonyOS system, the WorkBuddy app not only possesses most of the capabilities of the desktop version but also supports remote task initiation from a mobile phone to a computer.On July 18, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Lesothos Foreign Minister Tao in Shanghai. Tao was in China to attend the World Artificial Intelligence Conference. Wang Yi welcomed Tao to China to attend the conference and to sign the agreement on establishing the World Artificial Intelligence Cooperation Organization on behalf of the Lesotho government. Wang Yi stated that no country should be left behind in the development of artificial intelligence, especially developing countries, which should enjoy their legitimate rights to technological development. Chinas promotion of the establishment of the World Artificial Intelligence Cooperation Organization is aimed at enhancing the capacity building of countries in the Global South, enabling all countries to jointly embrace the new technological era, and ensuring that artificial intelligence benefits all mankind. Chinas diplomacy has always adhered to the principle of equality among all countries, regardless of size. Although China and Lesotho differ in area and size, they have always been strategic partners of mutual trust and support. China will continue to support Lesotho in safeguarding its sovereignty, security, and development interests, encourage Chinese enterprises to invest and do business in Lesotho, welcome more Lesotho specialty products to be exported to China, and promote bilateral relations to a wider range and a higher level.On July 18th, at the 2026 World Artificial Intelligence Conference, Alibaba Cloud officially launched Agent Native Cloud, along with enterprise-level intelligent agent tools such as AgentTeams and Agentic Computer. These tools cover multiple dimensions, including infrastructure, development platforms, and cloud desktops, transforming agents from mere tools for enterprise access into native enterprise capabilities. Zhou Qi, head of Alibaba Clouds cloud-native application platform, explained at the conference that Alibaba Cloud Agent Native Cloud provides a reliable operating environment at the infrastructure layer. At the platform level, Agent Native Cloud integrates the one-stop infrastructure platform AgentRun, the multi-agent governance and collaboration platform AgentTeams, and the full-stack observation and continuous optimization platform AgentLoop, accelerating the construction, governance, evaluation, and optimization of agents throughout their lifecycle.

S&P 500 Price Forecast — Stock Market Looking for Footing

Florala Chen

Aug 24, 2022 15:54

微信截图_20220824155053.png


In the E-mini contract, the S&P 500 has gained a little bit of stability during the Tuesday trading session as we get closer to a critical support level.

Technical Analysis of the S&P 500

In the early stages of the E-mini contract, the S&P 500 has moved in a rather narrow range. Having said that, this week is the Jackson Hole Symposium, which is practically guaranteed to make a lot of noise. In this case, I believe the trading public will be paying great heed to central bankers' pronouncements, which, of course, may sometimes result in complete pandemonium.


In this case, I believe we could have a brief rebound followed by increased selling pressure. The 200-Day EMA is located around 4185, and there is considerable resistance at the 4300 level above. It's also important to pay attention to the 50-Day EMA, which is at 4082 and climbing below; it may provide dynamic support.


I do believe that it is extremely possible that traders will look to the 50-Day EMA to salvage the market upward, regardless of whether or not this turns out to be the case. If we break it down below that, the market is probably just trying to get to the 4000 level. Anything below the 4000 mark indicates that we have once again altered our mentality and that more downside is yet to come.


One thing you can certainly bet on, in my opinion, is a lot of noisy volatility, mostly as a result of the central bankers' ranting in Wyoming. They will almost certainly underline their resolve to battle inflation, which means that monetary policies will continue to tighten throughout the globe.

Suggestion