
US Treasury bonds are about to mature, and Trump is getting impatient. Now, it's not just him calling for Powell to cut interest rates again.
SPX range 6010—5955—5927, with extremes at 6040/5875.
Watch the daily resistance at 5984; a breakout could push towards 6010.
Watch the support levels at 5950/5933; a breakdown could lead to a significant pullback.
Wednesday is a reversal day: intraday volatility increases, and the closing direction is usually opposite to the previous day's, though occasionally it aligns. Therefore, expect at least one pullback tomorrow or the day after, likely reaching the 5945/5910 range during the day or night. Reversal days sometimes mark a temporary end to a trend, shifting in the opposite direction. Hence, this is particularly crucial.
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