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S&P 500: Next downward objectives are at 5400/5390pts and 5300pts - Societe Generale
World FX news
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S&P 500: Next downward objectives are at 5400/5390pts and 5300pts - Societe Generale
New
2025.04.02 19:53
2025.04.02 19:53
2025.04.02 19:53
S&P 500 has so far defended the low of last down leg near 5500pts, which is also an ascending trend line connecting troughs of April 2024/August 2024, Societe Generale's FX analysts report.
Index to test the 200-DMA near 5780/5800pts in the near term
"A brief bounce is taking shape, but it will be interesting to see if the index can overcome recent pivot high and the 200-DMA near 5780/5800pts. Inability to cross this can result in persistence of decline. Below 5500pts, next objectives could be located at projections of 5400/5390pts and 5300pts."
Last updated
: 2025.04.02
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2025.04.02 19:55S&P 500: Next downward objectives are at 5400/5390pts and 5300pts - Societe Generale
2025.04.02 19:52USD/CNH: Inability to hold 7.22 can lead to a deeper pullback - Societe Generale
2025.04.02 19:43Estimating the impact of US-related uncertainty - Standard Chartered
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2025.04.01 19:43
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