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S&P 500 At Risk of a Technical Break as IMF Weighs Recession Risk, Dollar Awaits FOMC

MongiIG

By MongiIG,
in Indices and Macro Events

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MongiIG

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Monday’s trading session was the epitome of anticipation with the smallest S&P 500 trading day of 2022. The quiet will be extremely difficult to maintain as we move into went risk that will highlight our slide into or resistance against a recession – via the IMF forecast and key earnings. Meanwhile, the Dollar’s commitment is will wait a little longer, until Wednesday’s FOMC.

 

 

 

 

 

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