S&P 500

Delayed USA - 11/11 11:04:39 pm

Uncertainties remain about trade and Brexit

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10/16/2019 | 08:03 am
Opinion : Check out the trading range breakout 2963 / 3005 
After ending up 1% higher at 2995 points yesterday, in the wake of good quarterly publications of US banking stocks, the S&P500 index is expected to open slightly lower by 0.1% today.European markets are evolving in a dispersed order, with persistent uncertainties about Brexit and international trade. operators are waiting for statistics to be released in detail (consensus 0.3%), followed by company stocks and the NAHB real estate price index. Then the Fed’s Beige Book will be unveiled tonight. Graphically, the trend remains upward above 2963 points, the upper bound of a gap left open last. The direction of exit of the 2963/3005 points will make it possible to anticipate a rapid return to historical records, or on the contrary, the beginning of a new phase of consolidation towards the 2948 points then 2918 points. 
Laurent Polsinelli
Zonebourse.com 2019
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