The S&P 500 rally should FAIL near 4150. Here is why!

The S&P 500 rally should FAIL near 4150. Here is why!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets after the end of month and end of quarter flows dominated this week. Jim highlights some key points that the markets should focus on.
He looks at the 2yr yield in treasuries, and also notes that the corporate distress is mismatched with fundamentals. He also notes that the Regional Bank Index #KRE remains under pressure despite the recovery in stocks.
He also gives his technical view of the #SPX #TLT #USD and #gold.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
JWelsh@SmartPortfolios.com
20230401