S&P 500 is to face a barrier. Forecast as of 13.12.2023

Just over a week ago, Jerome Powell failed to hold back the S&P 500 bulls, and strong US inflation data supported the rally. Why is this happening? And what will happen next? Let us discuss the market outlook and make up a trading plan.

Fundamental S&P 500 forecast today

It was the Fed that launched the October-December rally in the S&P 500. It happened because of its policy of dependence on the incoming data and the regulator’s optimism about the prospects for the US economy. Also, the stock index was strengthened by the Fed’s determination to bring inflation to the… Read full author’s opinion and review in blog of #LiteFinance