Is the US recession overturned? SPX500 is going to update the maximum? 🚀
Good afternoon At its latest meeting, the Fed sparked a bullish market rally by signaling interest rate cuts in 2024 🚀
The Fed chairman signaled on Wednesday that the US central bank had ended two years of monetary tightening and would begin cutting rates in 2024.
SPX500 All-Time High = $4818.62
Local high this week SPX500 = $4778.01
A little more and the maximum of the American market has been updated ❗️
Technical analysis has drawn a “Bowl with Handle” pattern, which signals the continuation of the Uptrend.
Renewing the all-time high will push Bitcoin to $48,000-50,000. Let's see how this week closes and the next one opens. Is it possible that the SPX500 will update its maximum on New Year's Day?
