Die Unsicherheit des S&P 500 und das Widerstandsniveau von Apple
The S&P 500 index lost 0.01% on Friday as it went sideways following the recent rally. On Wednesday and Thursday the market rallied after the FOMC Statement release and on Friday investors were taking some profits off the table. On Thursday the daily high was at 4,738.57, and it was the highest since January of 2022. On Wednesday the Fed has basically announced a pivot in its monetary policy – stocks, bond prices, precious metals rallied, and the U.S. dollar sold off. Recently the S&P 500 broke above its late July local high of around 4,607. It resumed the rally from October 27 local low of 4,103.78. Stocks are expected to open 0.2% higher today. So the S&P 500 will further extend its short-term consolidation and for now, a relatively flat correction of the recent advances. The S&P 500 remains close to its new yearly high as we can see on the daily chart: Lets take a look at the hourly chart of the S&P 500 futures contract. It is still trading sideways. The nearest important resistance level is at 4,790-4,800 and the support level is at 4,750, among others. Apple stock is below important $200 Mark Let‘s move on to an individual stock. Apple