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SPX
Long Entry 6,600.8900 2025-09-17 16:45 UTC
Target 7,200.0000 Fail 5,799.0000
Risk/Reward 1 : 1
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SPX
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Stocks
Technical
1H
Analysis Predict Bull Market
The analyst begins by noting that the Federal Reserve will take action on the federal funds rate, anticipating a 25 basis point rate cut, although a 50 basis point cut is not ruled out. He plans to stream post-FOMC decision analysis later in the day and notes that a new board member with a crypto background has been added to the Fed. He believes that this indicates that the crypto industry is being steered towards enabling the central banking system. The analyst states the S&P is now in a bull market. He then mentions the DXY is expected to break down further. The total cryptocurrency market cap is on the cusp of price discovery. The analyst identifies the opportunity for wealth transfer.
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