S&P 500

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S&P 500S&P 500SP:SPXFXELUFrom S&P, the price is dangerous zone, under 6550 points it can decrease till 6143 points, which is estimate 4%, 6413 point can work as a short-term support zone, above the 6550 points the plan will change and price can increase near 7k, and probably war will end in the middle east, but depend on current situation, direction is downside. Inflation expectation is increasing the fear in investors, because of oil and gas prices are high. Which is caused by the war in the Middle East. Jeromy Powell's speech is planting new inflation risk fear on the market.