RENEWED US-CHINA TRADE TENSIONS COULD DRAG S&P500 TO ITS MEAN

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With renewed trade tensions between the US and China creating market uncertainty, the S&P 500 could be pushed significantly lower. The key support level to watch is the 6255 - 6468 range (1), which may act as a buffer. A break below this level could accelerate the move down toward the Feb - Apr 2025 monthly pullback zone (2). In either scenario, this volatility could cause a repricing of many stocks toward their perceived fundamental values.

N.B!
- ES! price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

#S&P500
#nasdaq
#nyse

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