The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Editorial Content, Saxo Bank
Summary: Saxo's Trade Signals tool has identified a potential downside breakout in the S&P 500.
The CFD traded at 2,830.56 as of publication, with Trade Signals identifying this move as having the potential to extend towards 2,818.57 in the coming nine hours.