Hello and welcome back to DP,
Market Review:
Well, yesterday was a significant day across global markets — from U.S. stock indexes to crypto assets — with investors digesting major developments from the Federal Reserve and the renewed U.S.–China trade dialogue. The yesterday’s market summery:
- Monetary policy / central bank: The Fed’s decision to cut interest rates by 25 basis points (as expected) was overshadowed by Powell’s cautious tone about future cuts. However, optimism was tempered by comments from Jerome Powell indicating that another rate cut in December is not guaranteed. That caused some caution in the market.
- S&P 500: 6,890.59 (down ~0.30 points). Dow Jones Industrial Average: 47,632.00 (down ~74.37 points, ~0.2%). Nasdaq Composite: 23,958.47 (up ~130.98 points, ~0.5%).One of the biggest drivers: Nvidia Corporation became the first public company to reach a roughly $5 trillion market valuation, boosting the tech segment.
- Trade & geopolitics: The U.S. signalled progress in trade and industrial policy with China: comments from Donald Trump hinted at easing of some tariffs (e.g., on fentanyl-related goods) and possible cooperation on rare-earth export controls. The U.S. will reduce some tariffs on Chinese goods: for example, tariff on certain chemicals tied to fentanyl production will go from 20 % down to 10 %, and overall U.S. duties on Chinese imports shift from ~57 % to ~47 %. China agreed to resume more agricultural purchases from the U.S. (e.g., soybeans, sorghum) and to postpone export restrictions on rare earth materials for about one year.
- And for watching ahead is earnings: Big names like Apple Inc. (AAPL) and Amazon .com Inc. (AMZN) are due after market close, which could influence the market.
- The overall crypto market cap held steady near $3.2 trillion, with sentiment described as “risk-on, but wary.”
1H – 4H Technical Analysis:
As observed on the chart, price has broken below the bullish trend line and moved through yesterday’s key demand zone, signaling a potential shift in short-term momentum.
Currently, the price is declining, approaching lower demand areas. As of this analysis, SPX is retracing and may find temporary support around the 6,842 level, where a short-term rebound toward 6,877 is possible before the next move unfolds.
However, if bullish momentum fails to hold above that level, a drop through the gap zone could follow, pushing price action toward the 6,810 support region, which aligns with the next major demand zone on the 4-hour chart. This zone may serve as a stronger accumulation area for potential medium-term buyers.
From a broader perspective, the recent U.S.–China trade truce provides a fundamental tailwind for the market — a bullish catalyst that could limit downside extensions and support sentiment in the coming sessions.
It’s also notable that the S&P 500’s annual return now stands near +16 %, compared with roughly +24 % two years ago. This suggests that while growth has moderated, there remains room for further upside if macro conditions stay supportive and earnings momentum continues.
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM
Amir D.Kohn
Market Review:
Well, yesterday was a significant day across global markets — from U.S. stock indexes to crypto assets — with investors digesting major developments from the Federal Reserve and the renewed U.S.–China trade dialogue. The yesterday’s market summery:
- Monetary policy / central bank: The Fed’s decision to cut interest rates by 25 basis points (as expected) was overshadowed by Powell’s cautious tone about future cuts. However, optimism was tempered by comments from Jerome Powell indicating that another rate cut in December is not guaranteed. That caused some caution in the market.
- S&P 500: 6,890.59 (down ~0.30 points). Dow Jones Industrial Average: 47,632.00 (down ~74.37 points, ~0.2%). Nasdaq Composite: 23,958.47 (up ~130.98 points, ~0.5%).One of the biggest drivers: Nvidia Corporation became the first public company to reach a roughly $5 trillion market valuation, boosting the tech segment.
- Trade & geopolitics: The U.S. signalled progress in trade and industrial policy with China: comments from Donald Trump hinted at easing of some tariffs (e.g., on fentanyl-related goods) and possible cooperation on rare-earth export controls. The U.S. will reduce some tariffs on Chinese goods: for example, tariff on certain chemicals tied to fentanyl production will go from 20 % down to 10 %, and overall U.S. duties on Chinese imports shift from ~57 % to ~47 %. China agreed to resume more agricultural purchases from the U.S. (e.g., soybeans, sorghum) and to postpone export restrictions on rare earth materials for about one year.
- And for watching ahead is earnings: Big names like Apple Inc. (AAPL) and Amazon .com Inc. (AMZN) are due after market close, which could influence the market.
- The overall crypto market cap held steady near $3.2 trillion, with sentiment described as “risk-on, but wary.”
1H – 4H Technical Analysis:
As observed on the chart, price has broken below the bullish trend line and moved through yesterday’s key demand zone, signaling a potential shift in short-term momentum.
Currently, the price is declining, approaching lower demand areas. As of this analysis, SPX is retracing and may find temporary support around the 6,842 level, where a short-term rebound toward 6,877 is possible before the next move unfolds.
However, if bullish momentum fails to hold above that level, a drop through the gap zone could follow, pushing price action toward the 6,810 support region, which aligns with the next major demand zone on the 4-hour chart. This zone may serve as a stronger accumulation area for potential medium-term buyers.
From a broader perspective, the recent U.S.–China trade truce provides a fundamental tailwind for the market — a bullish catalyst that could limit downside extensions and support sentiment in the coming sessions.
It’s also notable that the S&P 500’s annual return now stands near +16 %, compared with roughly +24 % two years ago. This suggests that while growth has moderated, there remains room for further upside if macro conditions stay supportive and earnings momentum continues.
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM
Amir D.Kohn
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.