Market Pulse on September 26th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2905,97 -9,59.

The stock market sailed through the usual pattern post Fed announcement with a spike at 2931 before settling down. Support levels lie at 2900 and 2876. These areas may attract buying interest from market participants and are important to watch. We would like to observe a further improvement from our indicators as the global risk index still hovers around the neutral level. Weekly sentiment indicators measuring the psychology of private investors isn’t helping much in assessing the global situation as it stands exactly on a neutral pivot.

 

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