Markets starting to realize overly optimistic rate cut bets are off the table. Now the AI optimisim is about to be tested too with
NVDA
earnings tomorrow.
SPX
is at a critical stage. I will not say it will fall but the risk for the downside are increasing as the massive bearish wedge formation is being tested. Careful fellow traders.
Trade geschlossen: Stop wurde erreicht:
Nvidia saves the day :)