Summary of S&P 500 Technical Analysis for October 24, 2022 by FXEmpire

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The video discusses the current trading session for the S&P 500 Index and suggests that it could break down below 3600 if it doesn't consolidate soon.

  • 00:00:00 The FXEmpire video shows the S&P 500 Index and provides analysis of the current trading session. They note that the index has gone back and forth throughout the trading session, with a sell-off early and a bounce later. They also note that Japan stepped in to sell the US dollar, which caused the value of the US dollar to drop on the whole market. The video then discusses the possibility of a consolidation area and suggests that if the index breaks down below 3600, it could go down to 3500.

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