Macro: It’s all about elections and keeping status quo
Markets are driven by election optimism, overshadowing growing debt and liquidity concerns. The 2024 elections loom large, but economic fundamentals and debt issues warrant cautious investment.
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.