S & P 500 Shows The Fake Growth Or Not

Today is November 18th and the beginning of the week promises to be calm. We expected ECB reporting on financial stability. It worth mentioning that China is starting to inject money into baking system as growth slows 

One of the most important news was that Johnson said he was promised by the Conservative Party that they would support Brexit

The S&P 500 continues to grow.

Most of the players on the trading platforms were sure that this was a fake. 67% of those who voted for this specially created growth were wrong.

On Friday, the S & P 500 added 0.7%, which is not a lot for the index. As new support, we can highlight the positions at 3093 - 3070.25.

There is no point in talking about short positions until the index reaches 3063 and below. Up strategy is a priority.

It is worth mentioning the latest data from the US Federal Reserve. As explained by Paul - they increase their balance due to short debt securities.

We can not assume the collapse of the S & P 500, because from the reports we see that the Fed is pouring a lot of money. We can say that the index began to grow more rapidly precisely at the moment when the Fed began to expand its own ballast.