EUR/USD 1.16436
-0.007%
Gold 4202.09
-0.158%
Oil 59.876
0.659%
USD/JPY 155.296
0.120%
GBP/USD 1.33325
0.040%
GBP/JPY 207.053
0.174%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
December 6th - According to data analysis from the Central Bank of Russia by Sputnik News Agency, as of November 2025, the market value of Russias gold reserves has surpassed the $300 billion mark for the first time, reaching $310.7 billion, marking a new record high for the fourth consecutive month. That month, golds share of Russias international reserves rose to 42.3%, the highest level since February 1995. At that time, gold accounted for 43.9%, with a value not exceeding $5.5 billion.According to Business Insider, Meta Platforms (META.O) has postponed the release of its "Phoenix" mixed reality glasses to 2027 in order to "polish the details."On December 6th, local time, US President Trump met with Mexican President Sinbaum for the first time at the World Cup draw ceremony on December 5th. The two leaders reportedly focused their first face-to-face talks primarily on the 2026 USA-Mexico World Cup, also discussing issues such as trade and tariffs. Immigration was not the primary topic of discussion. The draw for the 2026 USA-Mexico World Cup finals was held in Washington, D.C.UBS: The Federal Reserve is expected to purchase approximately $40 billion in short-term Treasury bonds per month in early 2026.On December 6th, Nick Terry, product manager of OpenAIs ChatGPT, stated that there is a great deal of misunderstanding regarding rumors about potential advertising in ChatGPT. No advertising has been tested at present. If we consider introducing advertising in the future, we will do so in a carefully considered manner.

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