What To Watch For The Trading Week Ahead

[ETF Daily News]( July 31st, 2023 SPONSORED AD [You Have To See THIS!]( These 3 trading tools cost $1,277 ... but we're willing to give them to you for FREE. Decisions don't come easier than this. [Click here to check it out]( [What To Watch For The Trading Week Ahead]( One of the bigger surprises from the last week was the lack of movement we got after the Fed announced yet another 25 bps rate hike. Normally, these announcements will initiate some kind of massive move after the announcement, followed by a continuation of the overall trend. This time was a bit different as the move was much more subdued. However, the next couple days brought some volatility back to the market. Looking at the S&P 500, we saw a pretty bearish candle form after the announcement. This would have been a nice setup for those who took calls after the selloff. However, there wasn’t much confirmation given that we were going to head higher immediately following the opening bell the next day. On Friday, we weren’t able to break out through the resistance level on the S&P, however, there still appears to be some gas left in the market’s tank and with more companies set to announce earnings, there will be plenty more setups coming into play. For now, the trend is still intact, but don’t get too comfortable. Be prepared for the off chance that the move higher is slowing. Does that mean a crash? No. But… Watch the full video at [WEALTHPOP.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 ETF Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019