Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

S&P 500: Growing Weakness Could Shake Global Equity Markets

By Satendra SinghMarket OverviewJun 17, 2021 01:11PM ET
www.investing.com/analysis/sp-500-growing-weakness-could-shake-global-equity-markets-200586772
S&P 500: Growing Weakness Could Shake Global Equity Markets
By Satendra Singh   |  Jun 17, 2021 01:11PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

A sudden jerk on June 16, with the monetary policy announcement that shakes the whole world of commodities, dollar, and equity markets to feel this jerk amid the growing dents of a pandemic since March 2020. Undoubtedly, the Federal Reserve shakes up the markets with a hawkish tone, with stocks and crude heading lower. While the coronavirus emerged in January 2020, the world of equity and commodities felt this jolt at its extreme on Mar. 23, 2020. Once again, global investors can feel this sudden jolt from June 16, 2021.

On Mar. 23, 2020, S&P 500, gold, silver, dollar, and crude oil futures experienced a sudden swing that shook the whole world while the fear of pandemic had so much prevalence among the investors as it has grown manifolds. Even though, half of the adult U.S. population has been vaccinated against the virus, allowing for broader economic re-engagement. But the pent-up demand unleashed by the resumption of business operations is straining the supply chain and fanning inflation pressures.

I find that this time this sudden jerk could have a denting impact on the global equity markets. Undoubtedly, the global equity markets would not experience the steep bounce that they found in April 2020. This downward move could witness some wobbling movements amid a downward trend, growing weakness in all the major equity indices of the United States could have a global impact.

Today, the S&P 500 futures have tested a high at 4221.38 and, currently trading at 4197.62 after 23 hours after the announcement of Fed’s minutes confirms the currently prevailing exhaustion.

Undoubtedly, the final directional move will get confirmation with this week’s closing. I find that a sustainable movement of the S&P 500 futures below 4141 will confirm the advent of a downward voyage that could be steeper ahead if the S&P does not hold above the 3769.

S&P 500 Futures Daily Chart
S&P 500 Futures Daily Chart

Disclaimer

1. This content is for information and educational purposes only and should not be considered as investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

S&P 500: Growing Weakness Could Shake Global Equity Markets
 

Related Articles

Jeffrey Halley
RBNZ Set For Lift-Off By Jeffrey Halley - Aug 04, 2021

New Zealand Unemployment Outperforms New Zealand Unemployment dropped to 4.0% for Q2 this morning, a stunning result given that market expectations were 4.50%. That should be the...

S&P 500: Growing Weakness Could Shake Global Equity Markets

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: This analysis is purely based on the technical observations. I do not have any position in Natural Gas. One can create position in Natural Gas at his/her own risk.
Continue with Google
or
Sign up with Email